Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

(4)

Proposed maximum aggregate value of transaction:

(5)

Total fee paid:

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Fee paid previously with preliminary materials.

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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for
which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

The 2020 Annual Meeting of
Shareholders of NextEra Energy, Inc. (NextEra Energy or the Company) will be held on Thursday, May 21, 2020, at 8:00 a.m., Central time, at Hyatt Regency Hill Country, 9800 Hyatt Resort Drive, San Antonio, Texas to
consider and act upon the following matters:

1.

Election as directors of the nominees specified in the accompanying proxy statement;

Approval, by non-binding advisory vote, of NextEra Energys compensation
of its named executive officers as disclosed in the accompanying proxy statement;

4.

Two shareholder proposals, as set forth on pages 17 to 23 of the accompanying proxy statement, if properly presented
at the meeting; and

5.

Such other business as may properly be brought before the annual meeting or any adjournment(s) or postponement(s) of
the annual meeting.

The proxy statement more fully describes these matters. NextEra Energy has not received notice of other
matters that may properly be presented at the annual meeting.

The record date for shareholders entitled to notice of, and to vote at, the annual
meeting and any adjournment(s) or postponement(s) of the annual meeting is March 23, 2020.

Admittance to the annual meeting will be limited to
shareholders as of the record date or their duly-appointed proxies. For the safety of attendees, all boxes, handbags and briefcases are subject to inspection. Cameras (including cell phones with photographic capabilities), recording devices and
other electronic devices are not permitted at the meeting.

NextEra Energy is pleased to deliver proxy materials electronically via the internet.
Electronic delivery allows NextEra Energy to provide you with the information you need for the annual meeting, while reducing environmental impacts and costs.

Regardless of whether you expect to attend the annual meeting, please submit your proxy or voting instructions promptly so that your shares can be
voted.

By order of the Board of Directors,

W. Scott Seeley

Vice President, Compliance &
Corporate Secretary

Juno Beach, Florida

April 3, 2020

As part of our precautions regarding the coronavirus or COVID-19, we are planning for the possibility that the 2020 annual meeting may be held virtually
over the internet. If we decide to hold a virtual annual meeting, we will announce the decision to do so in advance and details on how to participate will be issued by press release, posted on our website and filed with the SEC as additional proxy
material.

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR

THE ANNUAL MEETING TO BE HELD MAY 21, 2020

This proxy statement and the NextEra Energy 2019 annual report to shareholders are available at www.proxyvote.com.

This summary highlights information contained elsewhere in this proxy statement. This summary does not contain all of the information that you should
consider. You should read the entire proxy statement carefully before voting. This proxy statement contains information related to the solicitation of proxies by the Board of Directors (the Board) of NextEra Energy, Inc., a Florida
corporation (NextEra Energy, the Company, we, us or our), in connection with the 2020 annual meeting of NextEra Energys shareholders and at any adjournment(s) or postponement(s) of
the meeting. On or about April 3, 2020, NextEra Energy began mailing this proxy statement and a Notice of Internet Availability of Proxy Materials to shareholders.

Meeting Information

Time and Date:

8:00 a.m., Central time, May 21,
2020

Place:

Hyatt Regency Hill Country

9800 Hyatt Resort Drive

San Antonio, Texas

As part of our precautions regarding the coronavirus or COVID-19, we are planning for the possibility that the 2020 annual meeting
may be held virtually over the internet. If we decide to hold a virtual annual meeting, we will announce the decision to do so in advance and details on how to participate will be issued by press release, posted on our website and filed with the SEC
as additional proxy material.

Record Date:

March 23, 2020

Webcast:

The Company will provide a live audio webcast of
the annual meeting from its website at http://www.nexteraenergy.com.

Voting:

Shareholders as of the record date are entitled to
vote. Each share of common stock, par value $.01 per share (common stock), is entitled to one vote for each director nominee and one vote for each of the other properly presented proposals to be voted.

Admission:

An admission
ticket is required to enter the annual meeting. See page 92 in the Questions and Answers about the Annual Meeting section regarding how to obtain a ticket.

By Internet  Go to the website www.proxyvote.com, 24
hours a day, seven days a week. You will need the control number that appears on your proxy card or on your Notice of Internet Availability of Proxy Materials (the Notice).

By Telephone  Call 1-800-690-6903, 24 hours a day, seven days a week. You will need the control number that appears on your proxy card or notice.

By Mail  If you received a full paper set of materials,
date and sign your proxy card exactly as your name appears on your proxy card and mail it in the enclosed, postage-paid envelope. If you received the Notice, you may request a proxy card by following the instructions in your Notice. You do not need
to mail the proxy card if you are voting by internet or telephone.

NextEra Energy achieved Company-record
adjusted earnings* of $4.062 billion, adjusted earnings per share* (EPS) of $8.37 and a 1-year total shareholder return (TSR) of 43%. NextEra Energys 2019 TSR outperformed
the TSR of the S&P 500 Utilities Index of 26% and the TSR of the S&P 500 Index of 32% for 2019.

These significant accomplishments came as
the Company continued to be a leader among the 10 largest U.S. utilities (based on market capitalization) in substantially all financial metrics. Among these largest 10 U.S. utilities, NextEra Energy ranked #1 for
2-,3-,5-,7- and 10-year TSR and #1 for 3-,5-,7- and 10-year adjusted EPS growth. In 2019, NextEra Energy ranked #1 among U.S. and
global utility companies, based on market capitalization.**

In 2020, NextEra Energy was named by Fortune Magazine as the Worlds Most Admired
Electric & Gas Utility for the 13th time in the last 14 years. Also in 2020, NextEra Energy was named by the Ethisphere Institute as one of the Worlds Most Ethical Companies for the
13th time in the last 14 years.

The returns that NextEra Energy generated for its shareholders
were attributable to outstanding 2019 performance by the Companys two principal operating businesses, Florida Power & Light Company (FPL) and NextEra Energy Resources, LLC and its subsidiaries (NextEra Energy
Resources). Highlights of this performance are described in more detail in the Compensation Discussion & Analysis beginning on page 37.

Ultimately, the Companys financial and operational performance is reflected in the increased value of its common stock. As the table on page 39
illustrates, TSR over the three-year period from December 31, 2016 to December 31, 2019 was 119%, meaning that an investment of $100 in NextEra Energy common stock on December 31, 2016 was worth $219.15 on December 31, 2019.

The chart below compares the Companys TSR for the 1-,3-,5- and 10-year periods ended December 31, 2019 to the TSRs of the S&P 500 Electric Utilities Index, the S&P 500 Utilities Index, the Philadelphia Exchange Utility
Sector Index (UTY) and the S&P 500. NextEra Energy outperformed all of these indices over all of the periods shown. NextEra Energys outperformance over all of these periods in comparison to others in its industry, and over the 1-,3-,5- and 10-year periods in comparison to the S&P 500, was substantial.

These measures are not financial measures calculated in accordance with accounting principles generally accepted in
the United States of America (GAAP). See Appendix A to this proxy statement for a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures.

**

Market capitalization is as of December 31, 2019; rankings are sourced from FactSet Research Systems Inc.

The Company received a shareholder proposal at its 2019 annual meeting of shareholders (2019 annual meeting) requesting increased disclosure
of political contributions and expenditures. That proposal received the support of approximately 48.7% of the votes cast. Following the 2019 annual meeting, the Company engaged in an extensive shareholder outreach program to better understand
shareholder views on political expenditures and associated disclosures. During its outreach program, the Company ultimately engaged with 25 of its largest shareholders, representing more than 40% of the Companys outstanding shares. In response
to feedback gathered from its outreach efforts, as described in more detail below, the Company enhanced its Political Engagement Policy which governs the Companys political contributions and expenditures. The Company also increased its
disclosure of its political contributions and expenditures.

During the outreach process, shareholders expressed a primary concern of ensuring there
was formalized Board oversight of the Companys engagement in the political process. In response, the Company formalized board-level oversight of its political expenditures and disclosures and enhanced its Political Engagement Policy (available
on its website1) to give specific responsibility to the Boards Governance and Nominating Committee, composed entirely of independent directors, to review at least annually the following
political activities: contributions by The NextEra Energy, Inc. Political Action Committee (Company PAC); contributions by the Company to political candidates and committees; the Companys contributions to all U.S. tax-exempt organizations that are primarily engaged in political activities; and the Companys significant trade association memberships and dues. In addition, the Company now discloses on its website trade
association dues in excess of $25,000 and the portion allocable to federal lobbying activities.

Shareholders also indicated that oversight should
include a review of the Companys memberships in trade associations to ensure that the trade associations public policy positions or participation in political processes are appropriately aligned with the Companys corporate
strategy. As a result, the enhanced Political Engagement Policy requires an annual review of significant trade association memberships by the Companys Vice President, Government Affairs-Federal to ensure that the Companys trade
association participation aligns with its corporate strategy. Any policy positions of these organizations that may be in conflict with the Companys strategy and objectives will be reviewed with the Companys Chairman and Chief Executive
Officer to ensure that participation in these organizations continues to provide an overall benefit to the Company.

Also in response to shareholder
feedback, the Political Engagement Policy was amended to require the Company to publicly disclose on its website, within 180 days after the end of each calendar year, its annual Significant Trade Association Dues, its expenditures for federal
and state lobbying and contributions from the Company PAC, among other pertinent information. As a result, the Company now discloses on its website2 specific contributions by the Company PAC
to federal candidates, federal committees, state candidates and state committees; Company lobbying reports submitted for state lobbying activities; federal lobbying disclosures; links to Federal Election Commission and Lobbying Disclosure Act
reports; and links to over 30 state lobbying registration commissions. Although much of this information was previously publicly available, the Company website now aggregates this wide-ranging information, making it more easily accessible by
shareholders.

The Company will continue its outreach during 2020 on this and other governance topics.

Proposal 1: Election as directors of the nominees
specified in this proxy statement

The Board is currently composed of 14 members. One member of the Board, Hansel E. Tookes, II, has
reached retirement age and the Board will be reduced to 13 members. Upon the recommendation of the Governance & Nominating Committee, the Board has nominated the 13 incumbent members listed below for election as directors at the 2020 annual
meeting. Unless you specify otherwise, your proxy will be voted FOR the election of the listed nominees. If any nominee becomes unavailable for election, which is not currently anticipated, proxies instructing a vote for that nominee may be
voted for a substitute nominee selected by the Board or, in lieu thereof, the Board may reduce the number of directors by the number of nominees unavailable for election.

The Board believes its current size is appropriate because it facilitates substantive discussions among Board members, provides for sufficient staffing
of Board committees and allows for contributions by directors having a broad range of skills, expertise, industry knowledge and diversity of opinion. Directors serve until the next annual meeting of shareholders or until their respective successors
are elected and qualified.

Board Refreshment and Diversity

Board Refreshment. The Board and the Governance & Nominating Committee engage in a continuous process of considering the mix of skills
and experience needed by the Board as a whole to discharge its responsibilities. During the period from July 2012 to February 2015, five new members joined the Board, adding significantly to the skills, expertise and experience of the Board. In
October 2018, the Board increased its size and the size of the Audit Committee by one member and appointed a new individual to the Board and the Audit Committee. In February 2020, the Board similarly increased its size and the size of the
Finance & Investment Committee by one member and appointed a new individual to fill these vacancies.

The Company also has a director
retirement policy. Generally, no person who has attained the age of 72 years by the date of election is eligible for election as a director. However, the Board may, by unanimous action (excluding the affected director), extend a directors
eligibility for one or two additional years, in which event the director will not be eligible for subsequent election as a director if he or she would have attained the age of 73 or 74 by or prior to the date of the election.

Diversity. Diversity is among the factors that the Governance & Nominating Committee considers when identifying and evaluating potential
Board nominees. NextEra Energy, Inc.s Corporate Governance Principles & Guidelines (the Governance Guidelines) provide that, in identifying nominees for director, the Company seeks to achieve a mix of directors
representing a diversity of background and experience, including diversity with respect to age, gender, race, ethnicity and specialized experience. In the Boards annual self-evaluation, it reviews the criteria for skills, experience and
diversity reflected in the Boards membership and also reviews the Boards process for identification, consideration, recruitment and nomination of prospective Board members.

David L. Porges, who was appointed to the Board in February 2020, is a nominee for election to the Board this year who previously has not been elected by
the Companys shareholders. Mr. Porges was identified to the Governance & Nominating Committee as an individual that the Governance & Nominating Committee might wish to consider as a potential candidate for Board service.
Mr. Porges was interviewed by each of the members of the Governance & Nominating Committee and by Mr. Robo. The Governance & Nominating Committee then evaluated the qualifications, background and experience of
Mr. Porges using the criteria set forth in the Governance Guidelines discussed above, noting in particular that Mr. Porges would provide expertise beneficial to the Company in the areas of operations and leadership in the energy industry
as a

result of his experience as a senior leader of a publicly traded, integrated natural gas production and transportation business. Following the evaluation by the Governance & Nominating
Committee, Mr. Porges was interviewed by the other members of the Board. The Governance & Nominating Committee then recommended Mr. Porges for appointment to the Board and the Board approved Mr. Porges appointment to
the Board at its regularly scheduled February meeting.

Identifying and Evaluating Nominees for Directors

The Governance & Nominating Committee uses a variety of methods for identifying and evaluating nominees for director. The Governance &
Nominating Committee periodically assesses the appropriate size of the Board and whether any vacancies on the Board are expected due to retirement or otherwise. Candidates may come to the attention of the Governance & Nominating Committee
through current Board members, professional search firms, shareholders or other persons. Candidates are evaluated at regular or special meetings of the Governance & Nominating Committee and may be considered at any time during the year.
When considering candidates for the Board, the Governance & Nominating Committee considers all nominee recommendations, including those from shareholders, in the same manner. If any materials are provided by a shareholder in connection with
the nomination of a director candidate, the materials are provided to the Governance & Nominating Committee. The Governance & Nominating Committee also reviews materials provided by professional search firms or other parties. In
evaluating nominations, the Governance & Nominating Committee seeks to achieve a diverse balance of knowledge, experience and capability.

Director
Resignation Policy

Under the NextEra Energy, Inc. Amended and Restated Bylaws (the Bylaws), in an uncontested election, directors
are elected by a majority of the votes cast. The Board has adopted a Policy on Failure of Nominee Director(s) to Receive a Majority Vote in an Uncontested Election (Director Resignation Policy), the effect of which is to require that, in
any uncontested director election, any incumbent director who is not elected by the required vote must offer to resign and the Board will determine whether or not to accept the resignation within 90 days of the certification of the shareholder vote.
The Company will report the action taken by the Board under the Director Resignation Policy in a publicly-available forum or document. The Bylaws provide that, in a contested election, director nominees are elected by a plurality of the votes cast.

Director Qualifications

The Governance Guidelines and
the Governance & Nominating Committee Charter identify Board membership qualifications, including experience, skills and attributes, that are considered by the Governance & Nominating Committee in recommending non-employee nominees for Board membership. In addition to the membership qualifications identified in the Governance Guidelines, no person will be considered for Board membership who is an employee or director of a
business in significant competition with the Company or of a major or potentially-major customer, supplier, contractor, counselor or consultant of the Company, or an executive officer of a business where a Company employee-director serves on the
board of such other business.

The Board views itself as a cohesive whole consisting of members who together serve the interests of
the Company and its shareholders. The following matrix highlights the experience, qualifications, attributes and skills of the director nominees. This high-level summary is not intended to be an exhaustive list and information regarding the
experience and qualifications of each individual director nominee is set forth in the biographies which follow.

Mrs. Barrat retired in 2012
as vice chairman of Northern Trust Corporation, a financial holding company headquartered in Chicago, Illinois, where she was also a member of Northern Trusts Management Committee. Prior to being appointed as vice chairman in March 2011,
Mrs. Barrat had served as president of Personal Financial Services for Northern Trust since January 2006. She served as chairman and chief executive officer of Northern Trust Bank of California, N.A. from 1999 through 2005 and as president of
Northern Trust Bank of Floridas Palm Beach Region from 1992 through 1998. Mrs. Barrat joined Northern Trust in 1990 in Miami.

Qualifications

Mrs. Barrat has 38 years of leadership
experience in financial services, including her service through July 1, 2012 as vice chairman, and her previous service as president of Personal Financial Services (one of four principal business units) of Northern Trust Corporation, a Fortune
500 company. She is experienced in building and leading client service businesses that operate in a variety of regulatory jurisdictions and, as a Florida native with a significant part of her former employers business in Florida, has had
extensive experience with Florida-based customers and business conditions. In addition, her 22 years of service on the Board have provided her with knowledge and experience regarding the Companys history and businesses.

James L. Camaren

Age: 65

Director Since: 2002

Biography

Mr. Camaren is a private
investor. Until May 2006, he was chairman and chief executive officer of Utilities, Inc. which was one of the largest investor-owned water utilities in the United States until March 2002 when it was acquired by Nuon, a Dutch company, which
subsequently sold Utilities, Inc. in April 2006. He joined Utilities, Inc. in 1987 and served successively as vice president of business development, executive vice president, and vice chairman, becoming chairman and chief executive officer in
1996.

Qualifications

Mr. Camaren has 19 years of leadership experience with a large, regulated investor-owned utility. During the years he served as chairman and chief
executive officer, the utility had customer growth at a rate that exceeded the industry average and acquired and integrated over 40 utilities. In addition, Mr. Camaren has experience in managing capital expenditures, environmental compliance,
regulatory affairs and investor relations.

Mr. Dunn is Emeritus
Professor of Financial Economics at the David A. Tepper School of Business at Carnegie Mellon University (the Tepper School). He also served as Dean of the Tepper School from July 2002 to January 2011. Before his service in that
position, Mr. Dunn had a 16-year career managing fixed income portfolios at Miller Anderson & Sherrerd and its successor by merger, Morgan Stanley Investment Management, where he served as a
managing director and as co-director of the U.S. Core Fixed Income and Mortgage teams. Since 2014, he has been a managing member of Tier Capital LLC and, since 2015, chief executive officer of its subsidiary,
Traditional Mortgage Acceptance Corporation, which originates, acquires and services mortgage loans and issues Government National Mortgage Association (GNMA) mortgage-backed securities.

Qualifications

Mr. Dunn has extensive experience in investment and asset and risk management gained through his 16-year
career at Miller Anderson & Sherrerd and its successor by merger, Morgan Stanley Investment Management. In addition, he is an expert in financial economics, having taught that subject as a professor at, and Dean of, the Tepper School.
Mr. Dunn has a Ph.D. in industrial administration.

Naren K. Gursahaney

Age: 58

Director Since: 2014

Public Company Boards:

 The ADT Corporation (2012  2016)

 ServiceMaster Global Holdings, Inc. (since 2017)

Biography

Mr. Gursahaney is retired. He
served as the president and chief executive officer, and a member of the Board of Directors, of The ADT Corporation (ADT), a provider of security systems and services, from September 2012 until its acquisition by affiliated funds of
Apollo Global Management LLC in May 2016. Prior to ADTs separation from Tyco International Ltd. (Tyco) in September 2012, Mr. Gursahaney served as president of Tycos ADT North American Residential business segment and
was the president of Tyco Security Solutions, then a provider of electronic security to residential, commercial, industrial and governmental customers and the largest operating segment of Tyco. Mr. Gursahaney joined Tyco in 2003 as senior vice
president of operational excellence. He then served as president of Tyco Engineered Products and Services and president of Tyco Flow Control. Prior to joining Tyco, Mr. Gursahaney was president and chief executive officer of GE Medical Systems
Asia, where he was responsible for the companys sales and services business in the Asia-Pacific region. During his 10-year career with GE, Mr. Gursahaney held senior leadership roles in services,
marketing and information management.

Qualifications

Mr. Gursahaney has extensive operations, strategic planning and leadership experience in global manufacturing and services businesses serving
residential, commercial, industrial and governmental customers gained as the chief executive officer of a public company providing security systems and service. He also has extensive global operations, information technology and service experience
gained as the president and chief executive officer of the Asia-Pacific division of a medical diagnostic and imaging manufacturer. He has a MBA from the University of Virginia and a Bachelor of Science in Mechanical Engineering from Pennsylvania
State University.

Mr. Hachigian served
as chairman of the board of JELD-WEN Holding, Inc., a manufacturer of windows and doors, from April 2014 until May 2019. He also served as chief executive officer of JELD-WEN Holding, Inc. from April 2014 until November 2015. He served as chairman, president and chief executive officer of Cooper Industries plc (Cooper), a publicly held electrical equipment and
tool manufacturer, until Coopers acquisition by Eaton Corporation in November 2012. He was named chairman of Cooper in 2006, chief executive officer in 2005 and president in 2004.

Qualifications

Mr. Hachigian has extensive leadership, operations and strategic planning experience gained through his prior service as the chairman, chief
executive officer and president of a global, publicly-held manufacturer of electrical equipment and tools. He also has international leadership and operations experience gained through his prior service as the president and chief executive officer
of the Asia-Pacific operations of a lighting products manufacturer and in key management positions in Singapore and Mexico. In addition, Mr. Hachigian has financial and risk oversight experience developed through his prior service on the audit
committee of another public company and as a prior member of the board of the Houston branch of the Federal Reserve Bank of Dallas. He has a MBA in finance from the Wharton School of Business and a bachelors degree in engineering from the
University of California (Berkeley).

Toni Jennings

Age: 70

Director Since: 2007

Public Company Boards:

 Brown & Brown, Inc. (since 2007)

 Mid-America
Apartment Communities, Inc. (since 2016)

 Post
Properties, Inc. (2013  2016)

Biography

Ms. Jennings has served since
2007 as chairman of the board of Jack Jennings & Sons, Inc., a family-owned construction business that provides general contractor, construction manager and design builder services. She served as the Lieutenant Governor of the State of
Florida from March 2003 through December 2006. Prior to serving in that role, she was a member of the Florida Senate from 1980 until 2000, serving two consecutive terms as Senate President, and a member of the Florida House of Representatives from
1976 until 1980. Ms. Jennings served on the gubernatorial transition teams for Florida Governors Rick Scott and Ron DeSantis. From 1983 until she became Lieutenant Governor, she also served as president of Jack Jennings & Sons,
Inc.

Qualifications

Ms. Jennings has extensive legislative and political experience, gained through service for four years as Lieutenant Governor of the State of
Florida and 24 years in the Florida legislature. She also served as a member of the transition teams of Florida Governors Rick Scott and Ron DeSantis. In addition, through her 20 years as president and eleven years as chairman of Jack
Jennings & Sons, Inc., she has extensive experience in operating a Florida-based business and familiarity with the Florida business environment.

Ms. Lane retired in 2002 as
managing director and group leader of the global Retailing Investment Banking Group of Merrill Lynch & Co., Inc. (Merrill Lynch), an investment banking firm. Prior to joining Merrill Lynch in 1997, she was a managing director at
Salomon Brothers, Inc., an investment banking firm, where she founded and led the retail industry investment banking unit, having joined Salomon Brothers in 1989.

Qualifications

Ms. Lane has 26 years of leadership experience with financial services, capital markets, finance and accounting, capital structure, and acquisitions
and divestitures in the financial services industry, as well as extensive experience in management, leadership and strategy. Ms. Lane served as a managing director and group leader of the global Retailing Investment Banking Group at Merrill
Lynch from 1997 until her retirement in 2002. In that role, she led and worked on mergers and acquisitions and equity and debt transactions for a wide range of major retailers. Prior to joining Merrill Lynch, she was a managing director at
Salomon Brothers, Inc., which she joined in 1989 and where she founded and led the retail industry investment banking unit. Ms. Lane has a MBA from the Wharton School of Business.

David L. Porges

Age: 62

Director Since: February 2020

Biography

Mr. Porges was a non-employee member of the board of directors of Equitrans Midstream Corporation (Equitrans) from November 2018 through December 2019 and was the chairman of the board of Equitrans from November 2018 to
July 2019. He joined EQT Corporation (EQT) in 1998 as senior vice president and chief financial officer and served as EQTs CEO from April 2010 to April 2011 and as CEO and chairman from April 2011 to February 2017. From February
2017 to March 2018, Mr. Porges served as EQTs executive chairman and as chairman and interim CEO from March 2018 to November 2018.

Qualifications

Mr. Porges has more than 20 years of
leadership, finance, operations and mergers and acquisitions experience gained through his prior service as CEO and chairman of a publicly held energy industry company, as well as his prior service as the chief financial officer of that energy
company. Mr. Porges also has capital markets, finance and merger and acquisition experience gained through his prior service with an investment bank concentrating on the energy industry. Mr. Porges has a MBA from Stanford
University.

Mr. Robo has been chairman of
the board since December 2013, and president and chief executive officer, and a director, of NextEra Energy since July 2012. He is also chairman of NextEra Energys subsidiary, FPL (which has no publicly-traded stock). Prior to his succession
to the role of chief executive officer, he served as president and chief operating officer of NextEra Energy since 2006. Mr. Robo joined NextEra Energy as vice president of corporate development and strategy in March 2002 and became president
of NextEra Energy Resources later in 2002. Mr. Robo is chairman of the board and chief executive officer of NextEra Energy Partners, LP (NEP), a publicly-traded limited partnership formed by the Company (and in which the Company
owns an underlying approximate 62% economic interest as of March 23, 2020).

Qualifications

Mr. Robo, NextEra Energys chairman,
president and chief executive officer, previously served as the Companys vice president of corporate development and strategy, as president of NextEra Energys competitive energy subsidiary, NextEra Energy Resources, and as the
Companys chief operating officer. As a result of his service in his current and prior positions, Mr. Robo has extensive experience in operations, finance, strategic planning, risk management and mergers and acquisitions. He also has
experience in financial and risk oversight, both through his position with the Company and his service as chairman of the audit committee of another public company, and in corporate governance, through his service as lead independent director and a
member of the nominating and corporate governance committee of the board of that public company. Prior to joining NextEra Energy, Mr. Robo was president and chief executive officer of a major division of General Electric Capital Corporation, a
subsidiary of General Electric Company (GE). He also served as chairman and CEO of GE Mexico and was a member of the GE corporate development team. Prior to joining GE, he was vice president of Strategic Planning Associates, a management
consulting firm. Mr. Robo has a Bachelor of Arts degree from Harvard College and a MBA from Harvard Business School.

Mr. Schupp is retired. He
served as president of Valley National Bancorp and chief banking officer of Valley National Bank until his retirement in January 2018. He previously served as presidentFlorida Division of Valley National Bank from November 2014 until January
2017 and as president and chief executive officer, and a director, of 1st United Bank, a banking corporation headquartered in Boca Raton, Florida, and chief executive officer and a director of its
publicly-held parent company, 1st United Bancorp, Inc., from mid-2003 until its sale to Valley National in November 2014. He was the chairman, president and
chief executive officer of Republic Security Bank headquartered in West Palm Beach, Florida from 1984 until March 2001, and the chairman, president and chief executive officer of its parent company, Republic Security Financial Corporation
(RSFC), from 1985 until March 2001, when RSFC was acquired by Wachovia Corporation. Following the acquisition, he served as Chairman of Florida Banking of Wachovia Bank, N.A. until December 2001. From March 2002 until March 2003,
Mr. Schupp served as managing director of Ryan Beck & Co., an investment banking and brokerage company. He served as a director of the Federal Reserve Bank of Atlanta from January 2007 to December 2014.

Qualifications

Mr. Schupp has 34 years of leadership experience as a chief executive officer of both public and private banking organizations and has experience in
reviewing the financial statements of complex businesses, mergers and acquisitions, developing and implementing capital raising strategies, strategic planning and expertise in Florida-based customers and business conditions. In addition, he has
experience in such areas as macroeconomic policy, community and economic development and government regulation gained from his service as a director of the Federal Reserve Bank of Atlanta.

John L. Skolds

Age: 69

Director Since: 2012

Biography

Mr. Skolds is retired. He
served as executive vice president of Exelon Corporation, an energy service provider (Exelon), and president of Exelon Energy Delivery from December 2003 until his retirement in September 2007. He also served as president of Exelon
Generation from March 2005 to September 2007. From March 2002 to December 2003, Mr. Skolds served as senior vice president of Exelon and president and chief nuclear officer of Exelon Nuclear. Mr. Skolds was a director of Constellation
Energy Group from 2007 until its merger with Exelon in March 2012.

Qualifications

Mr. Skolds has extensive leadership
experience in the operation and management of nuclear power generation facilities and utilities and in financial and strategic planning. He retired as executive vice president of Exelon, a utility services holding company, and president of Exelon
Energy Delivery and Exelon Generation. Earlier in his career, Mr. Skolds worked at SCANA Corporation, an energy-based holding company, in a number of capacities, including president and chief operating officer of South Carolina Electric and
Gas. Mr. Skolds also served on the boards of the Institute for Nuclear Power Operations and the Nuclear Energy Institute. Mr. Skolds is a graduate of the United States Naval Academy and spent over five years in the Navy where, among other
duties, he operated nuclear submarines. Mr. Skolds also holds a MBA from the University of South Carolina.

Mr. Swanson is the retired
chairman of the board and chief executive officer of Raytheon Company (Raytheon), a technology and innovation leader specializing in defense, security and civil markets throughout the world. He was Raytheons chief executive officer
from July 2003 to March 2014 and served as chairman of the board from January 2004 until his retirement in September 2014. Before assuming those positions, he served as president of Raytheon from July 2002 to May 2004, as executive vice president of
Raytheon and president of its Electronic Systems division from January 2000 to July 2002, and as executive vice president of Raytheon and chairman and chief executive officer of Raytheon Systems Company from January 1998 to January 2000.
Mr. Swanson joined Raytheon in 1972 and held a wide range of leadership positions with the company.

Qualifications

Mr. Swanson has 42 years of leadership
experience at Raytheon, a complex public company with international operations. Mr. Swanson served 10 years as Raytheons chairman of the board and 10 years as its chief executive officer. He has extensive experience in strategic planning,
operations and management, global business operations and complex technologies. He holds a bachelors degree in industrial engineering from California Polytechnic State University.

Darryl L. Wilson

Age: 56

Director Since: October 2018

Biography

Mr. Wilson was vice
president, commercial of GE Power, a business of GE, from June 2017 until his retirement in December 2017. From January 2016 to June 2017, he was vice president & chief commercial officer of GE Energy Connections and, from January 2013 to
January 2016, he was vice president & chief commercial officer of GE Distributed Power. From July 2008 to January 2013, he was president & chief executive officer of GE Aeroderivative Products. Other prior responsibilities include
serving as the president & chief executive officer of GE Consumer & Industrial Asia & India based in Shanghai, China.

Qualifications

Mr. Wilson has extensive leadership
experience in operations and commercial management in global manufacturing and services businesses as a result of his senior leadership roles for a global manufacturer and service provider of electrical power generation and distribution equipment.
He also has extensive experience leading and managing commercial and manufacturing operations outside the U.S. for a consumer and industrial electrical equipment manufacturer.

Unless you specify otherwise in your voting
instructions, your proxy will be voted FOR election of each of the nominees.

The Board unanimously recommends
a vote FOR the election of all nominees

The Audit Committee appoints the Companys
independent registered public accounting firm. It has appointed Deloitte & Touche LLP (Deloitte & Touche) as the independent registered public accounting firm for the fiscal year ending December 31, 2020 to audit
the accounts of the Company and its subsidiaries, as well as to provide its opinion on the effectiveness of the Companys internal control over financial reporting. The members of the Audit Committee and the Board believe that the continued
retention of Deloitte & Touche as the Companys independent registered public accounting firm is in the best interests of the Company and its shareholders.

Although ratification is not required, the Board is submitting the selection of Deloitte & Touche to shareholders as a matter of good corporate
practice. If the shareholders do not ratify the appointment, the appointment will be reconsidered by the Audit Committee, although the Audit Committee may nonetheless decide to continue the retention of Deloitte & Touche as NextEra
Energys independent registered public accounting firm for 2020. Even if the appointment is ratified, the Audit Committee in its discretion may terminate the service of Deloitte & Touche at any time during the year if it determines
that the appointment of a different independent registered public accounting firm would be in the best interests of NextEra Energy and its shareholders. Additional information on audit-related matters may be found on page 34 of this proxy statement.

Representatives of Deloitte & Touche are expected to be present at the annual meeting and will have an opportunity to make a statement and
respond to appropriate questions from shareholders at the meeting.

Unless you specify otherwise in your voting instructions, your proxy will be
voted FOR ratification of appointment of Deloitte & Touche as NextEra Energys independent registered public accounting firm for 2020.

The Board unanimously
recommends a vote FOR ratification of appointment of Deloitte & Touche LLP as NextEra Energys independent registered public accounting firm for 2020

Proposal 3: Approval, by
non-binding advisory vote, of NextEra Energys compensation of its named executive officers as disclosed in this proxy statement

The Company is asking shareholders to cast an advisory vote on the compensation of the Companys named executive officers (NEOs), which
is commonly called a say-on-pay vote, pursuant to section 14A of the Securities Exchange Act of 1934, as amended (the Exchange Act).
Although this vote is not binding, it will provide information to the Compensation Committee regarding investor sentiment about the Companys executive compensation philosophy, policies and practices, which the Compensation Committee will be
able to consider when making future determinations regarding NEO compensation. The Company plans to give shareholders the opportunity to cast an advisory vote on this matter annually. Following the vote on this proposal, the next opportunity will
occur in connection with the Companys 2021 annual meeting.

The Company asks shareholders to approve this proposal by approving the following non-binding resolution: RESOLVED, that the shareholders of NextEra Energy, Inc. approve, on an advisory basis, the compensation paid to the Companys NEOs, as disclosed in this proxy statement for the
2020 annual meeting of shareholders, including the Compensation Discussion & Analysis section, the compensation tables and the accompanying narrative discussion, pursuant to the compensation disclosure rules of the
Securities and Exchange Commission (Item 402 of Regulation S-K).

The fundamental objective of NextEra Energys executive compensation
program is to motivate and reward actions that will increase shareholder value, particularly over the longer term. The Compensation Committee believes the Companys executive compensation program reflects a strong pay-for-performance philosophy and is well-aligned with the short-term and long-term interests of shareholders and other important Company stakeholders, including
customers and employees. A significant portion of each NEOs total compensation opportunity is performance-based and carries both upside and downside potential.

The Executive Compensation section of this proxy statement, beginning on page 37, provides a detailed discussion of the Companys
compensation program for its NEOs. The discussion reflects that NextEra Energys compensation program achieves its objectives. For example, the chart below compares the Companys TSR for the 1-,3-,5- and 10-year periods ended December 31, 2019 to the TSRs of the S&P 500 Electric Utilities Index, the S&P 500
Utilities Index, the UTY and the S&P 500. NextEra Energy outperformed all of these indices over all of the periods shown. NextEra Energys outperformance over all of these periods in comparison to others in its industry, and over the
1-,3-,5- and 10-year periods in comparison to the S&P 500, was substantial.

NextEra Energy Total Shareholder Return Through 12-31-19 vs. Various
Indices(1)

1-year TSR

3-year TSR

5-year TSR

10-year TSR

NextEra
Energy

43

%

119

%

161

%

530

%

S&P 500 Electric
Utilities Index, total return

27

%

47

%

60

%

182

%

S&P 500
Utilities Index, total return

26

%

48

%

63

%

205

%

UTY, total
return

27

%

48

%

63

%

192

%

S&P 500, total
return

32

%

53

%

74

%

257

%

(1)

Source: FactSet Research Systems Inc.; except UTY, source: Bloomberg

Unless you specify otherwise in your voting instructions, your proxy will be voted FOR approval, by
non-binding advisory vote, of NextEra Energys compensation of its NEOs as disclosed in this proxy statement.

The Board unanimously
recommends a vote FOR approval, by non-binding advisory vote, of NextEra Energys compensation of its named executive officers as disclosed in this proxy statement

In accordance with Securities and Exchange Commission (SEC) regulations, the text of this shareholder proposal and supporting statement
appear exactly as received by the Company. The shareholder proposal may contain assertions about the Company or other matters that the Company believes are incorrect, but the Company has not attempted to refute any of those assertions. All
statements contained in the shareholder proposal and supporting statement are the sole responsibility of the proponent. The Company disclaims responsibility for the content of the proposal and the supporting statement.

The Company will provide the name, address and share ownership information of the proponent of Proposal 4 promptly upon receipt by the Corporate
Secretary of an oral or written request for that information.

Proposal 4Political Contributions Disclosure

Resolved, that the shareholders of NextEra Energy, Inc. (NextEra or Company) hereby request that the Company provide a
report, updated semiannually, to disclose the Companys:

1.

Policies and procedures for making, with corporate funds or assets, contributions and expenditures (direct or
indirect) to: (a) participate or intervene in any campaign on behalf of (or in opposition to) any candidate for public office, or: (b) influence the general public, or any segment thereof, with respect to an election or referendum.

2.

Monetary and non-monetary contributions and expenditures (direct and indirect)
used in the manner described in section 1 above, including:

a.

The identity of the recipient as well as the amount paid to each; and

b.

The title(s) of the person(s) in the Company responsible for decision-making.

The report shall be presented to the board of directors or relevant board committee and posted on the Companys website within 12 months from the
date of the annual meeting. This proposal does not encompass lobbying spending.

Supporting Statement

Long-term shareholders of NextEra support transparency and accountability in corporate electoral spending. This includes any activity under the Internal
Revenue Code considered intervention in a political campaign, such as direct and indirect contributions to political candidates, parties, or organizations, and independent expenditures or electioneering communications on behalf of federal, state, or
local candidates.

Disclosure is in the best interest of the company and its shareholders. The Supreme Court recognized this in its 2010 Citizens
United decision, which declared: [D]isclosure permits citizens and shareholders to react to the speech of corporate entities in a proper way. This transparency enables the electorate to make informed decisions and give proper weight to
different speakers and messages.

Publicly available records show NextEra has contributed at least $11,870,000 in corporate funds since the
2010 election cycle (CQMoneyLine: http://moneyline.cq.com; National Institute on Money in State Politics: http://www.followthemoney.org).

However,
relying on publicly available data cannot provide a complete picture of the Companys electoral spending. For example, the Companys payments to trade associations  payments that may be used for election-related activities  are
undisclosed and unknown. This proposal asks the Company to disclose all of its electoral spending, including payments to trade associations and other tax-exempt organizations, which may be used for electoral
purposes. This would bring our Company in line with a growing number of leading companies, including Edison International, Dominion Resources Inc., and Sempra Energy, which present this information on their public websites.

The Companys Board and shareholders need comprehensive disclosure to fully evaluate the use and
potential risk of corporate assets in elections.

THEREFORE, we urge your support for this critical governance reform.

Political Contributions DisclosureProposal 4

The Board unanimously
recommends a vote AGAINST the foregoing proposal for the following reasons:

The Board believes that adopting the shareholder
proposal (the Proposal) would not be in the best interests of the Company or its shareholders.

The Companys political engagement
significantly benefits its shareholders and customers.

The Companys active political engagement strategy helps support constructive
political and regulatory environments throughout the U.S. and creates long-term shareholder value. In Florida, a constructive regulatory environment is a key foundation to the Companys regulated utility strategy of further improving its best-in-class customer value proposition through smart capital investments that also benefit shareholders. This strategy has resulted in Florida Power & Light Company
(FPL) delivering a customer bill that is approximately 30% below the national average and among the lowest in the nation, while providing industry leading reliability. In addition to saving customers more than $10 billion in fuel
costs since 2001, FPLs investments into highly efficient generation have reduced FPLs CO2 emissions rate by more than 35% since 2001, resulting in an emissions profile that is more
than 30% below the national average. At NextEra Energy Resources, local, state and federal regulations govern every aspect of the Companys renewable energy development business. Successful political engagement has supported the Company in
becoming the worlds leading generator of energy from the wind and the sun. Without the Companys active political engagement, it is likely that overall renewable development within the U.S. would have been significantly lower than current
levels. The Company believes that without active political engagement it would be less successful in advancing these corporate strategies and, as a result, reduce long-term shareholder value creation.

In response to shareholder feedback, in October 2019, the Company implemented the Proposals key objectives.

The Company received a substantially identical shareholder proposal at its 2019 annual meeting of shareholders (2019 annual meeting). That
proposal received the support of approximately 48.7% of the votes cast. As discussed above in the Governance Highlights section at page 4, following the Companys 2019 annual meeting, the Company engaged in an extensive shareholder
outreach program to better understand shareholder views on political expenditures and associated disclosures. During its outreach program, the Company sought to engage with the Companys top 50 shareholders, representing more than 52% of the
Companys outstanding shares. The Company ultimately engaged with 25 of these shareholders, representing more than 40% of the Companys outstanding shares. In response to feedback gathered from its outreach efforts, as described in more
detail below, the Company enhanced its Political Engagement Policy (the Policy), which governs the Companys political contributions and expenditures. The Company also increased its disclosure of its political contributions and
expenditures. As a result of these enhancements, the Company has implemented the key objectives of the Proposal. As stated in the Proponents supporting statement, the Proposal seeks greater transparency and accountability with respect to the
Companys political expenditures. The enhancements described below deliver greater transparency and accountability with respect to the Companys political expenditures and, on several topics, provide disclosure above that requested by the
Proposal. The Company believes that any additional disclosure or processes would not add significant value, would not be a prudent use of Company resources and would also be detrimental to the best interests of the Company and its shareholders.

The Companys Political Engagement Policy has been enhanced to provide formal oversight of political
expenditures by the Governance & Nominating Committee of the Board.

During the outreach process, shareholders expressed a primary
concern of ensuring that there was formalized Board oversight of the Companys engagement in the political process. In response, the Company formalized board-level oversight of the Companys political expenditures and disclosures. The
Company enhanced its Policy (available on its website3), giving specific responsibility to the Boards Governance and Nominating Committee, composed entirely of independent directors, to
review at least annually the following political activities: contributions by The NextEra Energy, Inc. Political Action Committee (Company PAC); contributions by the Company to candidates and committees; the Companys contributions
to all U.S. tax-exempt organizations that are primarily engaged in political activities; and the Companys significant trade association memberships and dues.

Trade Association membership information is now provided on the Companys website and the Company conducts an annual review of trade association memberships
to ensure overall alignment with Company strategy.

The Company now discloses on its website trade association dues in excess of $25,000 and
the portion allocable to federal lobbying activities. Certain shareholders also indicated that oversight should include a review of the Companys memberships in trade associations to ensure that the trade associations public policy
positions or participation in political processes are appropriately aligned with the Companys corporate strategy. The enhanced Policy requires an annual review of significant trade association memberships by the Companys Vice President,
Government Affairs-Federal to ensure that trade association participation aligns with the Companys strategy. Any policy positions that may be in conflict with the Companys strategy and objectives will be reviewed with the Chairman and
Chief Executive Officer of the Company to ensure that participation in these organizations continues to provide an overall benefit to the Company.

Extensive
disclosure of political engagement activities has been added to the Companys website.

Also in response to shareholder feedback, the
Policy was amended to require the Company to publicly disclose on its website, within 180 days after the end of each calendar year, its annual Significant Trade Association Dues, its expenditures for federal and state lobbying and
contributions from the Company PAC, among other pertinent information. As a result, the Company now discloses on its website4 specific contributions by the Company PAC to federal candidates,
federal committees, state candidates and state committees; Company lobbying reports submitted for state lobbying activities; federal lobbying disclosures; links to Federal Election Commission and Lobbying Disclosure Act reports; and links to over 30
state lobbying registration commissions. Although publication of much of this information was previously publicly available, the Company website now aggregates this wide-ranging information, making it more easily accessible and viewable by
shareholders. The additional disclosure goes above and beyond that requested by the Proposal.

The Companys political expenditures are regulated by
state and U.S. federal laws.

The Company maintains a rigorous compliance process to ensure that its political activities are lawful,
properly disclosed and aligned with its Code of Business Conduct & Ethics. Political expenditures also are subject to comprehensive regulation by federal, state and local governments with detailed disclosure requirements, including
requirements to file reports with appropriate state and federal agencies on lobbying-related activities and expenditures. The Company is committed to compliance with all these requirements.

Additional detailed disclosure of political expenditures or too frequent disclosure could hinder the
Companys ability to pursue its business and strategic objectives.

Subjecting the Company to additional disclosure requirements could
hinder its ability to pursue its business and strategic objectives. The development cycle for clean and renewable energy projects takes many years. Additional or more frequent disclosure would clearly indicate to competitors and opponents of energy
projects where and what kind of projects the Company intends to develop and operate. This could prevent or greatly hinder the Companys development and operating goals and objectives and, consequently, be detrimental to shareholders.

In considering and approving the enhanced Policy, the Governance & Nominating Committee balanced shareholder feedback on political expenditure
disclosure with the Companys need to effectively pursue its strategic objectives. The Company believes that the enhanced Policy approved by the Governance & Nominating Committee in October 2019 strikes an appropriate balance between
the shareholder feedback discussed above and the Companys ability to maintain its effectiveness as a participant in political processes at the local, state and federal levels.

The Company believes that its responsible participation in the political process and its associated prudent expenditures are in the best interests of the
Company, its shareholders and its customers.

Unless you specify otherwise in your voting instructions, your proxy will be voted AGAINST
proposal 4.

For the above reasons, the
Board unanimously recommends a vote AGAINST this proposal

In accordance with Securities and Exchange Commission (SEC) regulations, the text of this shareholder proposal and supporting statement
appear exactly as received by the Company. The shareholder proposal may contain assertions about the Company or other matters that the Company believes are incorrect, but the Company has not attempted to refute all of those assertions. All
statements contained in the shareholder proposal and supporting statement are the sole responsibility of the proponent. The Company disclaims responsibility for the content of the proposal and the supporting statement.

The Company will provide the name, address and share ownership information of the proponent of Proposal 5 promptly upon receipt by the Corporate
Secretary of an oral or written request for that information.

Proposal 5Right to Act by Written Consent

Resolved, NextEra Energy (NEE or Company) shareholders request our board of directors undertake steps as necessary to
permit written consent by shareholders entitled to cast the minimum number of votes necessary to authorize action at a meeting at which all shareholders entitled to vote were present and voting. This written consent is to be consistent with giving
shareholders the fullest power to act by written consent consistent with applicable law, including the ability to initiate any topic for written consent consistent with applicable law.

Supporting Statement

Shareholder rights to act by written
consent and special meetings are often complimentary ways to bring urgent matters to the attention of management and shareholders outside the annual meeting cycle.

Many boards and investors assume a false equivalency between rights of written consent and special meetings. However, any shareholder, regardless how
many (or few) shares she owns, can seek to solicit written consents on a proposal.

By contrast, calling a special meeting may require a two-step process. A shareholder who does not own the minimum shares required must first obtain the support of other shareholders. Once that meeting is called, the shareholder must distribute proxies asking
shareholders to vote on the proposal to be presented at the special meeting. This two-step process can take more time and expense than the one-step process of soliciting
written consents, especially at our Company, which allows only investors with 20% of outstanding shares to call a special meeting, instead of 10%, as allowed by many companies.

Blackrocks proxy voting guidelines for 2019 include the following:

In exceptional circumstances and with sufficiently broad support, shareholders should have the opportunity to raise issues of substantial importance
without having to wait for management to schedule a meeting. We therefore believe that shareholders should have the right to solicit votes by written consent provided that: 1) there are reasonable requirements to initiate the consent solicitation
process (in order to avoid the waste of corporate resources in addressing narrowly supported interests); and 2) shareholders receive a minimum of 50% of outstanding shares to effectuate the action by written consent.

The Board unanimously
recommends a vote AGAINST the foregoing proposal for the following reasons:

The Board believes that adopting the shareholder
proposal would not be in the best interests of the Company or its shareholders.

NextEra Energy provides opportunities for shareholders to participate in
proposed actions through annual meetings and special meetings.

Under the Bylaws, shareholders may present items for consideration at an
annual or special meeting of shareholders. Shareholders may propose items for business at the annual meeting by following the procedures set forth in the Companys governing documents. Shareholders owning at least 20% of the Companys
common stock may call a special meeting in between annual meetings. Shareholder meetings allow all shareholders to consider, discuss and vote on pending shareholder actions. Additionally, shareholder meetings provide that accurate and complete
information about the proposed action is widely distributed in a proxy statement before the meeting, which promotes a well-informed discussion and consideration of the merits of the proposed action.

NextEra Energy also provides shareholders the opportunity to nominate directors through proxy access.

The Bylaws permit, on specified terms, a shareholder, or a group of up to 20 shareholders, owning continuously for at least three years shares
representing an aggregate of at least 3% of the Companys outstanding common shares to nominate and include in the Companys proxy materials director nominees for up to 20% of the current membership of the Board or two directorships,
whichever is greater. This provides yet another way for shareholders to participate in the governance of the Company.

Action by written consent is not an
effective means for shareholders to express their views.

Action by written consent permits a small group of shareholders with no fiduciary
duties to other shareholders to initiate action with no prior notice either to other shareholders or to the Company. This prevents all shareholders from having an opportunity to deliberate in an open and transparent manner and to consider arguments
for and against any action, including the Companys position. Additionally, proponents of an action by written consent do not need to satisfy any holding requirements with respect to the common stock. This would allow shareholders engaging in
short-term speculation to potentially determine the outcome of any particular issue. Such shareholders may not act in the interests of long-term holders of the Companys common stock.

NextEra Energy actively engages with shareholders in order to provide an open and constructive forum for dialogue.

The Companys shareholder engagement efforts allow the Company to better understand our shareholders priorities and perspectives and enable
the Company to effectively address the issues that matter most to its shareholders. The Company values the input and insights of its shareholders and is committed to continued engagement. In 2019 alone, the Company held more than 400 meetings or
calls with more than 370 different institutional investors.

NextEra Energy has an established process by which shareholders may communicate with the Board.

In addition to annual and special meetings, shareholders have other avenues for raising important matters with the Board. The Company has
procedures in place that provide its shareholders with the opportunity to communicate directly with members of the Board, including the independent Lead Director, as described in this proxy statement.

In addition to providing for shareholders right to call special meetings, the Company has an annually-elected Board, a majority voting standard for
election of directors in uncontested elections, an independent Lead Director and proxy access bylaw provisions as described above. The Companys governance practices are more fully described in Governance Highlights of this proxy
statement.

Unless you specify otherwise in your voting instructions, your proxy will be voted AGAINST proposal 5.

For the above reasons, the
Board unanimously recommends a vote AGAINST this proposal

The Companys directors and executive officers are required to file initial reports of ownership and reports of changes of their beneficial
ownership of NextEra Energy common stock with the SEC pursuant to Section 16(a) of the Exchange Act. Based solely upon a review of these filings and written representations from the directors and executive officers that no other reports were
required of them, the Company believes that all required filings were timely made in 2019.

The Companys Security Trading Policy

The Companys Security Trading Policy (the Trading Policy) applies to Directors and officers of the Company and prohibits
hedging transactions with respect to securities of the Company. The Trading Policy provides in relevant part as follows: Additional Prohibited Transactions. The Company considers it improper and inappropriate for any Company
insider to engage in short-term or speculative transactions in the Companys securities. It therefore is the Companys policy that insiders may not engage in any of the following transactions: Hedging Transactions.
Certain forms of hedging or monetization transactions with respect to the Companys securities, such as prepaid variable forwards, equity swaps and collars, allow an insider to lock in much of the value of his or her stock holdings, often in
exchange for all or part of the potential for upside appreciation in the stock. These transactions allow the insider to continue to own the covered securities, but without the full risks and rewards of ownership. When that occurs, the insider may no
longer have the same objectives as the Companys other shareholders. Therefore, these transactions are prohibited under this Policy .

Common Stock Ownership of Certain Beneficial Owners and Management

The following table shows the beneficial ownership of NextEra Energy
common stock as of December 31, 2019 by the only persons known by the Company to own beneficially more than 5% of the outstanding shares of the Companys common stock based on 489,432,876 shares outstanding as of March 23, 2020.

Name and Address of Beneficial Owner

Amount and Nature

of Beneficial

Ownership

Percent of Class

The Vanguard Group

100 Vanguard Blvd.

Malvern, PA 19355(1)

45,282,270(1)

9.25%

BlackRock, Inc.

55 East 52nd Street

New York, NY 10055(2)

40,313,416(2)

8.24%

State Street
Corporation

State Street Financial Center

One Lincoln Street

Boston, MA 02111(3)

26,728,768(3)

5.46%

(1)

This information has been derived from a statement on Schedule 13G/A of The Vanguard Group, filed with the SEC on
February 10, 2020. As of December 31, 2019, The Vanguard Group, an investment adviser, reported that it had sole dispositive power with respect to 44,340,288 shares reported as beneficially owned; shared dispositive power with respect to
941,982 shares reported as beneficially owned; sole voting power as to 847,161 shares reported as beneficially owned; and shared voting power as to 264,542 shares reported as beneficially owned.

(2)

This information has been derived from a statement on Schedule 13G/A of BlackRock, Inc., filed with the SEC on
February 7, 2020. As of December 31, 2019, BlackRock, Inc., a parent holding company, reported that it had sole dispositive power with respect to all of the shares reported as beneficially owned and sole voting power as to 35,306,696 of
such shares.

(3)

This information has been derived from a statement on Schedule 13G of State Street Corporation, filed with the SEC on
February 14, 2020. As of December 31, 2019, State Street Corporation, a parent holding company, reported that it had shared dispositive power with respect to 26,719,430 shares reported as beneficially owned and shared voting power with
respect to 22,973,263 shares reported as beneficially owned.

The table below shows the number of shares of NextEra Energy common stock beneficially owned as of
March 23, 2020 by each of NextEra Energys directors (all of whom are nominees for director) and NEOs and by all directors and executive officers as a group. As of March 23, 2020, all directors and executive officers as a group
beneficially owned less than 1% of NextEra Energy common stock. No shares are pledged as security.

Common Stock Beneficially Owned

Phantom/DeferredShares(4)

Name

Shares Owned(1)

Shares Which May BeAcquired
Within60 Days(2)

Total SharesBeneficially Owned(3)

Sherry S.
Barrat

26,729

2,716

29,445

15,043

James L.
Camaren

36,330

0

36,330

7,380

Kenneth B.
Dunn

17,990

0

17,990

0

Naren K.
Gursahaney

5,310

2,570

7,880

0

Kirk S.
Hachigian

8,090

0

8,090

0

Toni
Jennings

21,630

0

21,630

0

John W.
Ketchum

21,698

67,300

88,998

3,243

Rebecca J.
Kujawa

10,166

4,676

14,842

484

Amy B. Lane

4,399

4,067

8,466

0

Manoochehr K.
Nazar(5)

114,160

211,205

325,365

11,466

Armando
Pimentel(6)

74,150

223,235

297,385

0

David L.
Porges

7,035

623

7,658

0

James L.
Robo

310,874

(7)

701,412

1,012,286

375,975

Rudy E.
Schupp

15,030

(8)

0

15,030

0

Charles E.
Sieving

44,238

38,365

82,603

5,978

Eric E.
Silagy

48,146

134,526

182,672

6,424

John L.
Skolds

10,690

0

10,690

0

William H.
Swanson

27,750

0

27,750

0

Darryl L.
Wilson

2,003

0

2,003

228

All directors and
executive officers as a group (25 persons)

799,985

1,134,508

1,934,493

428,563

(1)

Includes shares of restricted stock (performance-based for executive officers) for Messrs. Ketchum (3,342), Nazar
(3,064), Pimentel (1,065), Robo (3,235), Sieving (2,078) and Silagy (6,503) and Mrs. Kujawa (3,357), as well as for Mrs. Barrat (7,800) and Mr. Camaren (3,200), and a total of 56,885 shares of restricted stock for all directors and
executive officers as a group. The holders of such shares of restricted stock have voting power, but not dispositive power.

(2)

Includes, for executive officers, shares which may be acquired as of or within 60 days after March 23, 2020, upon
the exercise of stock options and, for directors, shares payable under the Companys Deferred Compensation Plan, amended and restated effective January 1, 2003 (the Frozen Deferred Compensation Plan) or the NextEra Energy, Inc.
Deferred Compensation Plan effective January 1, 2005, as amended and restated through February 11, 2016, as amended (the Successor Deferred Compensation Plan), the receipt of which has been deferred until the first day of the
month after termination of service as a Board member, except for Mr. Wilson, the receipt of which has been deferred until the first day of the year after termination of service as a Board member. The Frozen Deferred Compensation Plan and the
Successor Deferred Compensation Plan are collectively referred to as the Deferred Compensation Plan.

(3)

Represents the total number of shares listed under the columns Shares Owned and Shares Which May Be
Acquired Within 60 Days. Under SEC rules, beneficial ownership as of any date includes any shares as to which a person, directly or indirectly, has or shares voting power or dispositive power and also any shares as to which a person has the
right to acquire such voting or dispositive power as of or within 60 days after such date through the exercise of any stock option or other right.

(4)

Includes phantom shares under the FPL Group, Inc. Supplemental Executive Retirement Plan, amended and restated
effective April 1, 1997 (the Frozen SERP), and the NextEra Energy, Inc. (f/k/a FPL Group, Inc.) Supplemental Executive Retirement Plan, amended and restated effective January 1, 2005 (the Restated SERP). The Frozen
SERP and the Restated SERP are collectively referred to as the SERP. Also includes, for Mr. Robo, 74,724 shares held by the trustee of a grantor trust pursuant to a deferred stock grant made under the LTIP, as to which he has
neither voting nor dispositive power, 48,269 shares, the receipt of which is deferred pursuant to the terms of a deferred stock grant under the NextEra Energy, Inc. Amended and Restated 2011 Long Term Incentive Plan (2011 LTIP), and
221,920 shares, the receipt of which is deferred pursuant to an election made under the NextEra Energy, Inc. Deferred Compensation Plan.

(5)

Mr. Nazar is no longer a Section 16 officer as of January 1, 2020 and, therefore, is not included in the
group total.

(6)

Mr. Pimentel retired as President and CEO of NextEra Energy Resources in March 2019 and, therefore, is not
included in the group total.

(7)

Includes 104,842 shares held by Mr. Robos spouses gifting trusts, the trustee of which is
Mr. Robo, 107,632 shares held by the James L. Robo Gifting Trust, the trustee of which is Mr. Robos spouse, and 20,000 shares owned by Mr. Robos spouse.

(8)

Includes 200 shares owned by Mr. Schupps spouse, as to which Mr. Schupp disclaims beneficial ownership.

The Board has adopted the Governance Guidelines that set forth expectations for directors, director independence standards, board committee structure and
functions and other policies for the Companys governance. NextEra Energy has adopted a Code of Business Conduct & Ethics applicable to all representatives of NextEra Energy and its subsidiaries, including directors, officers and
employees, as well as a Code of Ethics for Senior Executive and Financial Officers (Senior Code), which applies to certain senior executive officers. These documents are available on the Companys website at
www.investor.nexteraenergy.com/corporate-governance. Any amendments or waivers of the Senior Code will be disclosed at this website address.

Director Independence

The Board conducts an annual review regarding the independence from the Companys management of each of its
members and, in addition, assesses the independence of any new member at the time that the new member is considered for appointment or nomination for election to the Board. In assessing independence, the Board considers all relevant facts and
circumstances and the standards established by the New York Stock Exchange (NYSE) and also set forth or referred to in the Governance Guidelines. The NYSE standards and the Governance Guidelines require that NextEra Energy have a
majority of independent directors and that the Board must affirmatively determine that each director has no material relationship with the Company in order to determine that the director is independent. Material relationships for this purpose may
include commercial, industrial, banking, consulting, legal, accounting, charitable and familial relationships, among others.

In determining that Mr. Schupp is independent, the Board considered that a NextEra Energy subsidiary has employed Mr. Schupps son since
June 2011 in non-executive business roles, for total compensation in 2019 of approximately $190,000.

Board Leadership Structure

The Board believes that the decision as to who should serve as chairman and as chief executive officer
(CEO) and whether the offices should be combined or separate, is properly the responsibility of the Board to be exercised from time to time in appropriate consideration of the Companys then-existing characteristics or
circumstances. In view of the Companys operating record, including its role as a national leader in renewable energy generation, and the operational and financial opportunities and challenges faced by the Company, the Boards judgment is
that the functioning of the Board is generally best served by maintaining a structure of having one individual serve as both chairman and CEO. The Board believes that having a single person acting in the capacities of chairman and CEO promotes
unified leadership and direction for the Board and executive management and allows for a single, clear focus for the chain of command to execute the Companys strategic initiatives and business plans and to address its challenges. However, in
certain circumstances, such as the transition from one CEO to another, the Board believes that it may be appropriate for the roles of the CEO and the chairman to be separated.

The Board has an independent Lead Director selected by and from the independent directors (with strong consideration given to present and past committee
chairs). The Lead Director serves a two-year term commencing on the date of the Companys annual meeting of shareholders. Unless the independent directors determine otherwise due to particular
circumstances, no director will serve as the Lead Director for more than one two-year term on a consecutive basis. Rudy E. Schupp currently serves as the Lead

Director, having been appointed in May 2018. The independent directors will appoint a successor to Mr. Schupp as the Lead Director at the meeting of the Board immediately following the 2020
annual meeting.

The Lead Director has the following duties and authorities:



act, on a non-exclusive basis, as liaison between the independent directors and
the chairman;



approve the Board agenda and information sent to the Board;



preside at Board meetings in the absence of the chairman and chair executive sessions of the non-management directors;



approve meeting schedules to assure that there is sufficient time for discussion of all agenda items;



call executive sessions of the independent directors;



if requested by major shareholders, be available, when appropriate, for consultation and direct communication consistent
with the Companys policies regarding communications with shareholders;



communicate Board member feedback to the CEO; and



have such other duties as may from time to time be assigned by the Board.

The Board believes that having an independent Lead Director, regular Board and committee executive sessions, a substantial majority of independent
directors and the corporate governance structures and processes described in this proxy statement allow the Board to maintain effective oversight of management.

The Board discharges its risk oversight responsibilities primarily through its committees. The Board exercises its role in risk oversight in a variety of
ways, including the following:

Audit Committee

 Oversees the integrity of the Companys financial statements, the independent auditors qualifications and independence, the performance of the Companys internal audit
function and the Companys accounting and financial reporting processes

 Oversees compliance with legal and
regulatory requirements

 Discusses with management the Companys policies with respect to risk assessment and risk management

 Reviews and discusses the Companys major financial risk exposures and the steps management has taken to monitor and control those exposures

 Ensures that risks identified from time to time as major risks are reviewed by the Board or a Board committee

 Oversees the compensation risk mitigation practices and controls that the Company has in place

NextEra Energys CEO, as the Companys chief risk officer, together with other members of the Companys
senior management team, oversees the execution and monitoring of the Companys risk management policies and procedures. NextEra Energys management maintains a number of risk oversight committees that assess operational and financial risks
throughout the Company. NextEra Energy also has a Corporate Risk Management Committee, composed of senior executives, that assesses the Companys strategic risks and the strategies employed to mitigate those risks. The Board committees
discussed above meet periodically with the Companys senior management team to review the Companys risk management practices and key findings.

Board Evaluations

Each year the Board engages in a self-evaluation process which is conducted by the Governance & Nominating
Committee. Members of the Board are surveyed to assess the effectiveness of the Boards membership and oversight processes and to solicit input from members of the Board for improvements to

the Boards functions. With the input of the Governance & Nominating Committee, recommendations from Board members are incorporated into Board processes and Board agenda topics.
This annual self-evaluation process ensures that the Board periodically considers improvements to Board processes and procedures.

Director Meetings and Attendance

The Board and its committees meet on a regular schedule and also hold special meetings from time to time. Executive sessions of the independent directors
are scheduled in the agenda for each regularly-scheduled Board meeting. The Board met six times in 2019. Each director attended more than 94% of the total number of Board meetings and meetings of the committees on which he or she served during 2019.
Absent circumstances that cause a director to be unable to attend the Board meeting held in conjunction with the annual shareholders meeting, Board members are required to attend the annual shareholders meeting. The thirteen directors in
office at the time attended the 2019 annual meeting of shareholders.

Board Committees

The standing committees of the Board are the Audit Committee, the Compensation Committee, the Governance & Nominating Committee, the
Finance & Investment Committee, the Nuclear Committee and the Executive Committee. The committees regularly report their activities and actions to the full Board, generally at the Board meeting next following the committee meeting.
Executive sessions are held after each regularly-scheduled committee meeting (other than quarterly earnings review meetings of the Audit Committee) and are chaired by the committee chairs. Each of the committees operates under a charter approved by
the Board and each committee (other than the Executive Committee) conducts an annual self-evaluation of its performance. Current copies of the charters of the committees are available on the Companys website at
www.investor.nexteraenergy.com/corporate-governance. The current membership and primary functions of the committees are described below.

Audit Committee

Members:

Primary Responsibilities:

Meetings in 2019:

William H. Swanson (Chair)

Kenneth B. Dunn

Naren K. Gursahaney

Toni Jennings

John L. Skolds

Darryl L. Wilson

All members are independent and financially literate
under applicable NYSE and SEC requirements

Mr. Swanson and Mr. Gursahaney are audit committee financial experts under the definition provided by the SEC

 Appoints the Companys independent
registered public accounting firm and approves all permitted services to be performed by the firm

 Approves the engagement of any other
registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services

 Assists the Board in overseeing the
integrity of the financial statements and compliance with legal and regulatory requirements

 Assists the Board in overseeing the
performance of the Companys internal audit function, the accounting and financial reporting processes of the Company and audits of the Companys financial statements

 Establishes procedures for the receipt, retention and treatment of complaints and concerns received by the Company regarding accounting, internal accounting controls or auditing matters
and the confidential, anonymous submission of concerns regarding questionable accounting or auditing matters

 Reviews and approves corporate goals and
objectives relevant to the compensation of the CEO and the other executive officers

 Evaluates the performance of the CEO in
light of those goals and objectives, approves the compensation of the CEO and the other executive officers, approves any compensation-related agreements for the CEO and the other executive officers and makes recommendations to the Board with respect
to the non-employee directors compensation

 Oversees the preparation of the
Compensation Discussion & Analysis section of this proxy statement and approves the Compensation Committee Report

 Reviews the results of the Companys
shareholder advisory vote on the compensation of the NEOs, makes recommendations to the Board with respect to incentive compensation plans and other equity-based plans and administers the Companys annual and long-term incentive plans and non-employee directors stock plan

 Retains, and assesses the independence of,
any outside compensation consultants engaged to assist in the evaluation of executive compensation

Meetings in 2019:

Four

Governance & Nominating Committee

Members:

Rudy E. Schupp (Chair)

James L. Camaren

Naren K. Gursahaney

Kirk S. Hachigian

Toni Jennings

All members meet the NYSE standards for
independence

Primary Responsibilities:

 Reviews the size and composition of the
Board, identifies and evaluates potential nominees for election to the Board and recommends candidates for all directorships to be elected by shareholders or appointed by the Board

 Reviews the Governance Guidelines, the Related Person Transactions Policy and the content of the Code of Business Conduct & Ethics and the Senior Code and recommends any
proposed changes to the Board

 Oversees the evaluation of the Board

 Makes recommendations to the Board regarding the business of the annual meeting of shareholders, as well as with respect to shareholder proposals that may be considered at the annual
meeting

 Reviews the performance of the Companys pension, nuclear decommissioning and other investment funds

Meetings in 2019:

Six

Nuclear Committee

Members:

John L. Skolds (Chair)

Mr. Skolds meets the NYSE standards
for independence

Primary Responsibilities:

 Meets with senior members of the
Companys nuclear division

 Reviews the operation of the Companys
nuclear division and makes reports and recommendations to the Board with respect to such matters

 Reviews, among other matters, the safety,
reliability and quality of the Companys nuclear operations and the Companys long-term strategies and plans for its nuclear operations

Meetings in 2019:

Four

Executive Committee

Members:

James L. Robo (Chair)

Kirk S. Hachigian

Amy B. Lane

Rudy E. Schupp

William H. Swanson

Primary Responsibilities:

 Provides an efficient means of considering
such matters and taking such actions as may require the attention of the Board or the exercise of the Boards powers or authorities when the Board is not in session

Meetings in 2019:

None

Consideration of Director Nominees

Proxy Access Shareholder Nominees

The Bylaws permit a
shareholder, or a group of up to 20 shareholders, owning continuously for at least three years shares of NextEra Energy representing an aggregate of at least 3% of the Companys outstanding shares to nominate and include in the Companys
proxy materials director nominees for up to 20% of the current membership of the Board or two directorships, whichever is greater, provided that the shareholder(s) and nominee satisfy the requirements in the Bylaws. Notice of proxy access director
nominees for the 2021 annual meeting of shareholders should be addressed to the Corporate Secretary, NextEra Energy, Inc., P.O. Box 14000, 700 Universe Boulevard, Juno Beach, Florida 33408-0420 and must be received no earlier than
November 3, 2020 and no later than the close of business on December 3, 2020. A copy of the Bylaws containing the complete proxy access requirements is available on NextEra Energys website at
www.investor.nexteraenergy.com/corporate-governance.

The policy of the Governance & Nominating Committee is to consider properly submitted shareholder nominations of candidates for membership on
the Board. Shareholder nominations are reviewed in the same manner as candidates identified by or recommended to the Governance & Nominating Committee. Any shareholder nominations proposed for consideration by the Governance &
Nominating Committee should include the nominees name and qualifications for Board membership, should include all information that the Bylaws require for director nominations and should be addressed to the Corporate Secretary, NextEra Energy,
Inc., P.O. Box 14000, 700 Universe Boulevard, Juno Beach, Florida 33408-0420. A copy of the Bylaws is available on NextEra Energys website at www.investor.nexteraenergy.com/corporate-governance. In order for nominations to be
timely under the advance notice requirements of the Bylaws for the 2021 annual meeting, they must be received no earlier than January 21, 2021 and no later than February 20, 2021.

Communications with the Board

The
Board has established procedures by which shareholders and other interested parties may communicate with the Board, any Board committee, the Lead Director and any one or more of the other directors. Such parties may write to one or more of the
directors, care of the General Counsel, NextEra Energy, Inc., P.O. Box 14000, 700 Universe Boulevard, Juno Beach, Florida 33408-0420, or send an e-mail to: boardofdirectors@nexteraenergy.com. They may also
contact any member of the Audit Committee with a concern under the Code of Business Conduct & Ethics by calling 561-694-4644.

The Board has instructed the General Counsel to assist the Board in reviewing all written communications to the Board, any Board committee or any
director as follows:



Complaints or similar communications regarding accounting, internal accounting controls or auditing matters will be
handled in accordance with the NextEra Energy, Inc. and Subsidiaries Procedures for Receipt, Retention and Treatment of Complaints and Concerns Regarding Accounting, Internal Accounting Controls or Auditing Matters.



All other legitimate communications related to the duties and responsibilities of the Board or any committee will be
promptly forwarded by the General Counsel to the applicable directors, including, as appropriate under the circumstances, to the chairman of the board, the Lead Director and/or the appropriate committee chair.



All other shareholder, customer, vendor, employee and other complaints, concerns and communications will be handled by
management with Board involvement as advisable with respect to those matters that management reasonably concludes to be significant.

Communications that are of a personal nature or not related to the duties and responsibilities of the Board, are unduly hostile, threatening, illegal or
similarly inappropriate or unsuitable, are conclusory or vague in nature, or are surveys, junk mail, resumes, service or product inquiries or complaints, or business solicitations or advertisements, generally will not be forwarded to any director
unless the director otherwise requests or the General Counsel determines otherwise.

Website Disclosures

NextEra Energy will disclose the following matters, if such matters should occur, on its website at
www.investor.nexteraenergy.com/corporate-governance.



any contributions by NextEra Energy to tax exempt organizations of which a director of the Company serves as an
executive officer exceeding the greater of $1,000,000 or 2% of the organizations revenues in any single fiscal year during the past three fiscal years; and



any Board determination that service by a member of the Companys Audit Committee on the audit committees of more
than three public companies does not impair the ability of that individual to serve effectively on the Companys Audit Committee.

In 2007, the Board adopted a Related Person Transactions Policy (the Policy) for the review and approval of Related Person Transactions by
the Governance & Nominating Committee. Transactions and series of transactions exceeding $120,000 in any fiscal year involving the Company and in which any Related Person has a direct or indirect material interest are governed by the
Policy. Related Persons under the Policy are executive officers, directors and nominees for director of NextEra Energy, any beneficial owner of more than 5% of any class of NextEra Energys voting securities and any immediate family member of
any of the foregoing persons.

In considering whether to approve a Related Person Transaction, the Governance & Nominating Committee (or its
Chair, to whom authority has been delegated under certain circumstances) considers such factors as it (or the Chair) deems appropriate, which may include: (1) the Related Persons relationship to NextEra Energy and interest in the
transaction; (2) the material facts of the proposed Related Person Transaction, including the proposed value of such transaction or, in the case of indebtedness, the principal amount that would be involved; (3) the benefits to NextEra
Energy and its shareholders of the Related Person Transaction; and (4) an assessment of whether the Related Person Transaction is on terms that are comparable to the terms that would be available to an unrelated third party.

The Policy provides for standing approval for certain categories of Related Person Transactions without the need for specific approval by the
Governance & Nominating Committee. These categories include (1) certain transactions with other companies where the Related Persons only relationship is as an employee (other than an executive officer), partner or principal, if
the aggregate amount involved does not exceed the greater of $1,000,000 or 2% of the other companys gross annual revenues in its most recently-completed fiscal year and (2) charitable contributions, grants or endowments by NextEra Energy
to charitable organizations, foundations or universities with which a Related Persons only relationship is as an employee (other than an executive officer) or a trustee, if the aggregate amount involved does not exceed the lesser of $500,000
or 2% of the charitable organizations total annual receipts in its most recently completed fiscal year.

During 2019, three providers of
investment management and administrative services to the Company were also beneficial owners of more than 5% of NextEra Energys outstanding common stock. The nature and value of services provided by these 5% shareholders and their affiliates
are described below:



BlackRock provided investment management services to the NextEra Energy, Inc. Employee Pension Plan and the Employee
Retirement Savings Plan, money market fund management services to NextEra Energy subsidiaries and investment services to the decommissioning trust funds for the Duane Arnold and Point Beach nuclear plants; it received fees of approximately $621,200
for such services in 2019;



State Street provided investment management and administrative services to the Companys Employee Pension Plan and
Employee Retirement Savings Plan and investment services to the decommissioning trust funds for Port St. Lucie, Turkey Point, Duane Arnold, Point Beach and Seabrook nuclear plants; it received fees of approximately $1,019,000 for such services in
2019; and



Vanguard provided investment management and administrative services to the Companys Employee Retirement Savings
Plan and received fees of approximately $1,280,000 for such services in 2019.

NextEra Energy believes that the terms of the
services described above are comparable to the terms that would be available to an unrelated third party under the same or similar circumstances.

During 2019, the adult son of Mr. Rudy E. Schupp was employed by a subsidiary of NextEra Energy as a Project Director. His total compensation
for 2019 was approximately $190,000, and he was eligible for company benefits available to all other employees in a similar position.

During 2019, a
NextEra Energy subsidiary purchased approximately $6.5 million of electrical transformers and related equipment, through transactions determined by competitive bids, from a manufacturer in which Mr. Gursahaneys sister-in-law is an owner and in which Mr. Gursahaney has no interest of any nature.

In accordance with the written Audit Committee Charter, the Audit Committee assists the Board of
Directors (Board) in fulfilling its responsibility for oversight of the quality and integrity of the accounting, auditing and financial reporting practices of the Company. During 2019, the Audit Committee met eight times, including four
meetings where, among other things, the Audit Committee discussed the interim financial information contained in each quarterly earnings announcement with the chief financial officer, the chief accounting officer and the independent registered
public accounting firm prior to public release.

In discharging its oversight responsibility as to the audit process, the Audit Committee has
received the written disclosures and the letter from the independent registered public accounting firm required by applicable requirements of the Public Company Accounting Oversight Board (PCAOB) regarding the independent registered
public accounting firms communications with the Audit Committee concerning independence and has discussed with the independent registered public accounting firm the firms independence. The Audit Committee has reviewed any relationships
that may affect the objectivity and independence of the independent registered public accounting firm and has satisfied itself as to the firms independence. The Audit Committee also discussed with management, the internal auditors and the
independent registered public accounting firm the quality and adequacy of the Companys internal controls and the internal audit functions organization, responsibilities, resources and staffing. The Audit Committee reviewed with both the
independent registered public accounting firm and the internal auditors their audit plans, audit scope and identification of audit risks.

The Audit
Committee discussed and reviewed with the independent registered public accounting firm all communications required by generally accepted auditing standards, including those required to be discussed by PCAOB Auditing Standard No. 1301,
Communications with Audit Committees, and discussed and reviewed the results of the firms audit of the financial statements. The Audit Committee also discussed the results of the internal audit examinations.

The Audit Committee reviewed and discussed the audited financial statements of the Company for the year ended December 31, 2019 with management and
the independent registered public accounting firm. Management has the responsibility for the preparation of the Companys financial statements and the independent registered public accounting firm has the responsibility for the audit of those
statements.

Based on the above-mentioned review and discussions with management and the independent registered public accounting firm, the Audit
Committee recommended to the Board that the Companys audited financial statements be included in its Annual Report on Form 10-K for the year ended December 31, 2019, for filing with the Securities
and Exchange Commission.

In addition, and in accordance with the Audit Committee Charter, the Audit Committee reviewed and discussed with management
and the independent registered public accounting firm managements internal control report, managements assessment of the internal control structure and procedures of the Company for financial reporting and the independent registered
public accounting firms opinion on the effectiveness of the Companys internal control over financial reporting, all as required to be included in the Companys Annual Report on Form 10-K for
the year ended December 31, 2019.

As specified in the Audit Committee Charter, it is not the duty of the Audit Committee to plan or conduct
audits or to determine that the Companys financial statements are complete and accurate and in accordance with generally accepted accounting principles. These are the responsibilities of the Companys independent registered public
accounting firm and management. In discharging its duties, the Audit Committee has relied on (1) managements representations to us that the financial statements prepared by

management have been prepared with integrity and objectivity and in conformity with generally accepted accounting principles and (2) the report of the independent registered public
accounting firm with respect to such financial statements.

Respectfully submitted,

William H. Swanson, Chair

Kenneth B. Dunn

Naren K. Gursahaney

Toni Jennings

John L. Skolds

Darryl L. Wilson

Fees Paid to Deloitte & Touche

The following table presents fees billed for professional services rendered by Deloitte & Touche, the member firms of Deloitte Touche Tohmatsu,
and their respective affiliates, for the fiscal years ended December 31, 2019 and 2018.

2019

2018

Audit Fees(1)

$

6,553,000

$

6,492,000

Audit-Related Fees(2)

4,337,000

2,638,000

Tax Fees(3)

2,943,000

433,000

All Other Fees(4)

97,000

25,000

Total Fees

$

13,930,000

$

9,588,000

(1)

Audit Fees consist of fees billed for professional services rendered for the audit of NextEra Energys and
FPLs annual consolidated financial statements for the fiscal year, the reviews of the financial statements included in NextEra Energys and FPLs Quarterly Reports on Form 10-Q filed during the
fiscal year and the audit of the effectiveness of internal control over financial reporting, comfort letters and consents.

(2)

Audit-Related Fees consist of fees billed for assurance and related services that are reasonably related to the
performance of the audit or review of NextEra Energys and FPLs consolidated financial statements and are not reported under Audit Fees. These fees primarily related to audits of subsidiary financial statements, consultations
on transactions, and attestation services.

(3)

Tax Fees consist of fees billed for professional services rendered for tax compliance and tax advice and planning. In
2019 and 2018, approximately $2,727,000 and $73,000, respectively, were paid related to tax compliance services. In 2019, these fees primarily related to research and development tax credit compliance services. All other tax fees in 2019 and 2018
related to tax advice and planning services.

(4)

All Other Fees consist of fees for products and services other than the services reported under the other named
categories. In 2019, these fees related to litigation services related to fact testimony regarding the eligible cost basis used for federal income tax purposes and training. In 2018, these fees related to training.

Policy on Audit Committee Pre-Approval of Audit and
Non-Audit Services of Independent Registered Public Accounting Firm

In accordance with the requirements
of Sarbanes-Oxley, the Audit Committee Charter and the Audit Committees pre-approval policy for services provided by the independent registered public accounting firm, all services performed by
Deloitte & Touche are approved in advance by the Audit Committee. Audit and audit-related services specifically identified in an appendix to the pre-approval policy for which the fee is expected to be
$250,000 or less are pre-approved by the Audit Committee each year. This pre-approval allows management to obtain the specified audit and audit-related services on an as-needed basis during

the year, provided any such services are reviewed with the Audit Committee at its next regularly scheduled meeting. Any audit or audit-related service for which the fee is expected to exceed
$250,000, or that involves a service not listed on the pre-approval list, must be specifically approved by the Audit Committee prior to commencement of such service. In addition, the Audit Committee approves
all services other than audit and audit-related services performed by Deloitte & Touche in advance of the commencement of such work. The Audit Committee has delegated to the Chair of the Audit Committee the right to approve audit,
audit-related, tax and other services, within certain limitations, between meetings of the Audit Committee, provided any such decision is presented to the Audit Committee at its next regularly scheduled meeting. At each Audit Committee meeting
(other than meetings held solely to review earnings materials), the Audit Committee reviews a schedule of services and the estimated fees for those services for which Deloitte & Touche has been engaged since the prior Audit Committee
meeting under existing pre-approvals. In 2019 and 2018, no services provided to NextEra Energy or FPL by Deloitte & Touche were approved by the Audit Committee after services were rendered pursuant to
Rule 2-01(c)(7)(i)(C) of the SECs Regulation S-X (which provides a waiver of the otherwise applicable pre-approval
requirement under certain conditions).

The Audit Committee has determined that the non-audit services
provided by Deloitte & Touche during 2019 and 2018 were compatible with maintaining that firms independence.

This Compensation Discussion and Analysis explains our 2019 executive compensation program for the NEOs. The executive compensation program for the
Companys NEOs generally applies to the Companys other executive officers. Please read this discussion and analysis together with the tables and related narrative about executive compensation which follow.

Highlights

Execution on Strategic Imperatives Aligned with
Compensation

NextEra Energy has a strong pay for performance philosophy that contributed to robust 2019 results. NextEra
Energy achieved Company-record adjusted earnings* of $4.062 billion, adjusted EPS* of $8.37 and a 1-year TSR of 43%. NextEra Energys 2019 TSR outperformed the TSR of the S&P 500 Utilities Index
of 26% and the TSR of the S&P 500 Index of 32% for 2019.

These significant accomplishments came as the Company continued to be a leader among
the ten largest U.S. utilities (based on market capitalization) in substantially all financial metrics. Among these largest ten U.S. utilities, NextEra Energy ranked #1 for 2-,3-,5-,7- and 10-year TSR and #1 for 3-,5-,7- and 10-year adjusted EPS growth. In 2019, NextEra Energy ranked #1 among U.S. and global utility companies, based on market
capitalization.**

Ten Largest U.S. Utilities Based on Market Cap  NextEra ranks:

In 2020, NextEra Energy was named by Fortune Magazine as the Worlds Most Admired Electric & Gas
Utility for the thirteenth time in the last fourteen years. Also in 2020, NextEra Energy was named by the Ethisphere Institute as one of the Worlds Most Ethical Companies for the thirteenth time in fourteen years.

*

This measure is not a financial measure calculated in accordance with accounting principles generally accepted in the
United States of America (GAAP). See Appendix A to this proxy statement for a reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure.

**

Market capitalization is as of December 31, 2019; rankings are sourced from FactSet Research Systems Inc.

The returns that NextEra Energy generated for its shareholders were attributable to outstanding 2019
performance by the Companys two principal operating businesses, FPL and NextEra Energy Resources. Some of the Companys many operational and financial achievements in 2019 include:

Florida Power & Light

NextEra Energy Resources

Achieved best-ever performance in minutes of service unavailability per customer and best-ever performance in
frequency of interruptions and momentaries

Originated 7,647 megawatts of renewable contracts,
an all-time record for the Company and the industry

Among the lowest typical residential bills in Florida and customer bills that are nearly 30% below the latest
national average

Delivered strong performance in wind development,
with approximately 1,959 megawatts of new wind projects added and 1,145 megawatts of wind repowering projects added to its contracted backlog

Additionally, effective January 1, 2019, the Company acquired Gulf Power Company, a rate-regulated electric utility
serving approximately 470,000 customers in eight counties throughout northwest Florida. Gulf Power earnings contributed an additional $0.37 per share to Company earnings on a GAAP basis in 2019 and $0.41 per share on an adjusted basis. In its first
year of ownership of Gulf Power, the Company reduced its O&M costs by approximately 20%.

Ultimately, the Companys financial and operational performance is reflected in the increased
value of its common stock. As the following table illustrates, TSR over the three-year period from December 31, 2016 to December 31, 2019 was 119%, meaning that an investment of $100 in NextEra Energy common stock on December 31, 2016
was worth $219.15 on December 31, 2019. The CEOs total direct compensation over the same period was well-aligned with TSR.

Our executive compensation program is designed to tie compensation to performance, with some performance metrics on
which our CEOs compensation is based designed to result in value creation over an extended period of time and others on an annual basis. As a result, CEO compensation may not precisely parallel TSR in any given period. CEO compensation may lag
corporate performance in certain years and it may outpace corporate performance in other years. Although absolute alignment between pay and performance in each year may not be achieved and, in any event, may not be appropriate, the Compensation
Committee believes that, over time, the Companys executive compensation program rewards superior performance, provides a disincentive for performance that falls short of expectations and closely aligns executive compensation with shareholder
returns.

The Compensation Committee believes these core elements fulfill the fundamental objective of our compensation program
to create superior shareholder value. As described below, our compensation program comprises several key practices that are designed to align executive and shareholder interests.

We set target total direct compensation opportunity and pay mix to support the goals of shareholder value
creation and executive retention

 Each NEOs 2019
target total direct compensation opportunity was set with reference to two groups of benchmarked companies, drawn from energy services and general industry, representing the broad, competitive labor market from which we recruit executive talent and
with which we must compete for that talent. This target opportunity was then allocated over several forms of compensation, the mix of which was designed to support the goals of shareholder value creation and executive retention.

We value, and review, performance relative to the performance of our competitors and peers whenever possible,
rather than relative to arbitrary goals

 Our basic principle underlying the linkage between performance (both financial and operational) and executive compensation is that performance superior to our competition and peers will
result in above-target compensation, while performance that is inferior to our competition and peers will result in below-target compensation. Wherever comparable industry information was available, our 2019 financial and operational performance
goals were set, and our 2019 performance against those goals was measured, relative to industry performance.

 Adjusted ROE and adjusted EPS growth were used to benchmark our 2019 results against industry performance, measured in comparison to the actual results of companies in the S&P 500
Utilities Index over a ten-year period. The Compensation Committee believes these financial metrics are enduring standards, because they are objective, require superior performance, are aligned with creating shareholder value and
encourage stretch goals. The Compensation Committee believes a ten-year period is appropriate due to the historically longer-term economic cycles inherent in the power industry and the sporadic volatility that the power industry experiences from
time-to-time. The Compensation Committee accordingly believes that a ten-year period reduces the likelihood that, in any given year, inappropriate metrics will be established as a result of short-term industry anomalies.

In 2019, we held our ninth annual advisory vote to approve NEO compensation, commonly known as say-on-pay. In 2019, we sought to engage with shareholders who, in the aggregate, represented a significant percentage of our outstanding shares, and held
discussions with those who agreed to our request for engagement. Our engagement efforts are discussed in more detail on pages 4 and 22.

Shareholders
were generally supportive of our executive compensation program and of our overall corporate governance practices. Prior to making determinations about 2020 NEO total compensation opportunities, the Compensation Committee reviewed the results of the
2019 say-on-pay vote, noting that 93.6% of those voting had voted FOR the Companys compensation of its NEOs. The Committee considered this vote to be
supportive of the Companys executive compensation program.

Tie pay to performance and a substantial majority of NEO pay is not
guaranteed; 92% of the CEOs actual direct 2019 compensation was performance-based

No CEO employment agreement

Use industry benchmarks when setting operational goals and when
reviewing actual performance and generally target top-decile or top-quartile performance as compared to our industry on operational measures where benchmark data is available rather than performance against arbitrary goals

No tax gross-ups of NEO perquisites

Mitigate undue risk, including using a clawback policy, stock ownership
and retention requirements and multiple performance metrics. The Compensation Committee performs a comprehensive risk assessment of incentive compensation plans each year

No excise tax gross-up provisions in change in control agreements entered into since 2009

Have robust stock ownership guidelines which all NEOs exceed

No repricing of
underwater stock options

Require executive officers to hold performance-based restricted stock
for two years after vesting

No share recycling under equity
compensation plan

Have a minimum full vesting period for stock options and
performance-based restricted stock, generally three years

No hedging of company
securities by NEOs or directors permitted under securities trading policy

Utilize an independent compensation consultant

No pledging of company
securities

Engage in shareholder outreach and regularly assess the executive
compensation program against shareholder input, emerging trends and other factors

No guaranteed annual
or multi-year bonuses

NEOs are required to enter into Rule
10b5-1 plans with minimum waiting periods to transact trades in company securities

The table below provides our
NEOs during 2019 whose compensation is described in this Compensation Discussion & Analysis.

Executive

Title

James L. Robo

Chairman, President & CEO of NextEra Energy and Chairman of FPL

Rebecca J. Kujawa1

Executive Vice President, Finance and CFO of NextEra Energy and FPL

John W. Ketchum1

President and CEO of NextEra Energy Resources

Eric E. Silagy

President and CEO of FPL

Manoochehr K. Nazar2

President, Nuclear Division of NextEra Energy and FPL

Charles E. Sieving

Executive Vice President and General Counsel of NextEra Energy and Executive Vice President of
FPL

Armando Pimentel, Jr.1

Former President and CEO of NextEra Energy Resources

(1)

Armando Pimentel, Jr. retired from the Company effective March 1, 2019. John W. Ketchum served as Executive Vice
President, Finance and Chief Financial Officer until his appointment effective March 1, 2019 to President and CEO of NextEra Energy Resources. Also effective March 1, 2019, Rebecca J. Kujawa was appointed Executive Vice President, Finance
and Chief Financial Officer.

(2)

Manoochehr K. Nazar served as President, Nuclear Division and Chief Nuclear Officer until his appointment as President,
Nuclear Division effective May 23, 2019. As previously announced, Manoochehr K. Nazar will retire from the Company in April 2020.

Our
Target Pay Mix is Majority Performance Based

The Compensation Committee believes that a significant portion of each NEOs total direct
compensation opportunity should be performance-based, reflecting both upside and downside potential. When determining the proportion of total compensation of each compensation element in 2019, the Compensation Committee reviewed current market
practices and industry trends, taking into consideration the Companys preference for emphasizing performance-based compensation and de-emphasizing fixed compensation.

In determining performance-based compensation, the Compensation Committee sought to focus the efforts
of the NEOs on a balance of short-term, intermediate-term and long-term goals. In addition, the Compensation Committee considered the NEOs perception of the relative values of the various elements of compensation and sought input from the CEO
and the Compensation Consultant.

2019 Base Salary

For 2019, Mr. Robos base salary was increased by 3.6% to $1,450,000, primarily reflecting the Companys superior operating results in
2018, the nature and responsibilities of Mr. Robos position, his expertise and performance, the competitiveness of his current pay in relation to his corresponding peer groups and the business judgment of the Compensation Committee.

Other NEOs salaries increased between 5% and 10%, with the exceptions of Mrs. Kujawa who received a 45% increase in connection with her promotion to
Executive Vice President, Finance and Chief Financial Officer and Mr. Ketchum who received a 20% increase in connection with his promotion to President, NextEra Energy Resources. Mr. Silagys base salary in 2019 of $1,154,100
represented a 10% increase, Mr. Nazars base salary in 2019 of $997,500 represented a 5% increase, Mr. Sievings base salary of $1,002,400 represented a 10% increase and Mr. Pimentels base salary of $1,074,900
represented a 7% increase. Salary increases were based on the nature and responsibilities of each NEOs respective position, expertise and performance, the competiveness of each NEOs current pay in relation to their corresponding peer
group and the recommendations of the CEO.

2019 Annual Performance-Based Incentive Compensation

2019 Annual Incentive Plan Description

Annual
Incentive Plan goals are established to incentivize superior performance relative to industry peers. A majority of these goals are based on industry benchmarks and payouts under the Annual Incentive Plan are generally based on Company performance in
the relevant period.

Prior to 2019, the Compensation Committee established financial and operational performance goals
under the Annual Incentive Plan in the following categories:

Type of 2019 Performance Goals

How We Established and Used the 2019
Performance Goals

Financial

 The financial metrics are based on enduring standards indicative of sustained performanceadjusted EPS growth and adjusted ROEas compared to the financial performance over the
ten-year period ended on December 31, 2019 of the companies included in the S&P 500 Utilities Index.

 Operational goals and payout scales are established in advance of the year using available industry benchmarks insofar as possible.

 If an industry benchmark is not available, the applicable goal generally is set at a level representing an improvement or a stretch as compared to prior performance.

 As a general principle, the Compensation Committee seeks to set operational performance goals at levels that represent excellent performance, superior to the results of typical companies
in our industry, and that require significant effort on the part of the executive team to achieve.

 Performance on certain compliance-related
goals is scored as either met or not met, while performance against other goals is judged on a sliding scale in comparison to top-decile, top-quartile, median and sub-median performance
as compared to the industry.

2019 Financial Performance Matrix

The financial performance matrix approved by the Compensation Committee for 2019, which is illustrated below, compares the Companys 2019 adjusted
EPS growth and adjusted ROE to the average of the actual annual EPS growth and ROE of the companies included in the S&P 500 Utilities Index during the ten-year period from January 1, 2010 to
December 31, 2019 (estimated for 2019 using actual results for the first three quarters and analysts estimates for the fourth quarter).*

The Compensation Committee believes that these financial metrics are enduring standards, because they are objective, require the Company to
demonstrate improvement, are aligned with how shareholder value is created and encourage management to include stretch goals as part of the annual budget-setting process. The financial performance matrix is designed to provide relatively greater
rewards if the Company

outperforms others in its industry on the indexed measures and relatively lower rewards if it does not. The Compensation Committee based the matrix on adjusted earnings because it believes that
adjusted earnings provide a more meaningful representation of the Companys fundamental earning power than net income calculated in accordance with GAAP. Therefore, the Compensation Committee believes that using adjusted earnings better aligns
the NEOs motivations with the Companys strategy and with shareholders long-term interests. In addition, the Compensation Committee believes that the use of adjusted earnings for this purpose is consistent with the way in which the
Company communicates its earnings to analysts and investors.

The numbers in the following matrix set forth the range of possible ratings for
corporate financial performance. A rating of 1 indicates overall corporate financial performance at the industry median, while higher ratings indicate corporate financial performance superior to the industry median, and lower ratings
indicate corporate financial performance which lags the industry median.

It is important to recognize that the adjusted ROE and adjusted EPS growth
amounts set forth in the illustration below are not generated arbitrarily by the Company, but reflect actual industry performance on these measures for the ten-year period ended December 31, 2019, and
that the Companys executive compensation is based, with respect to adjusted ROE and adjusted EPS growth, on the performance delivered by the Company relative to industry performance.

*

Adjusted EPS and adjusted ROE are not financial measurements calculated in accordance with GAAP. Adjusted earnings, as
defined by NextEra Energy for purposes of the Annual Incentive Plan, are the Companys consolidated net income, as reported in the audited annual financial statements as determined in accordance with GAAP, excluding the effects of:
(1) changes in the mark-to-market value of non-qualifying hedges; (2) other than temporary impairments on investments;
(3) extraordinary items; (4) non-recurring charges or gains (e.g., restructuring charges and material litigation losses); (5) discontinued operations; (6) regulatory and/or legislative changes
and/or changes in accounting principles; (7) labor union disruptions; and (8) acts of God such as hurricanes, which is used, among other reasons, to provide industry comparability. Adjusted ROE, as defined by NextEra Energy, is equal to
the Companys adjusted earnings divided by average common shareholders equity, adjusted to provide industry comparability, expressed as a percentage. Adjusted EPS, as defined by NextEra Energy, are equal to the Companys adjusted
earnings divided by weighted average diluted shares outstanding.

2019 Operational Goals

The Compensation Committees philosophy with respect to operational goals is that the goals be set and the actual award payouts be earned based on
quantifiable performance relative to industry benchmarks, rather than performance against arbitrary goals. Operational goals and payout scales are primarily established based on industry benchmarks and Company performance. As noted previously,
delivered performance superior to our industry will generally result in above-target compensation, while performance that is inferior to our industry will generally result in below-target compensation.

In that context, FPLs typical performance goals based on industry benchmarks are generally equal
to or better than the top-quartile performers in its industry and NextEra Energy Resources targets based on earnings growth and profitability goals are well above utility industry norms (in both cases based on internal reviews of publicly-available
information and information provided by consultants and industry associations). The following tables set forth the 2019 operational performance goals and the actual performance achieved against those goals.

Florida Power & Light Company:

Indicator

Goal

Actual

Weight

Operations & maintenance costs (plan-adjusted)(1)

$1,230 million(1)

$1,189 million(1)

45%

Capital expenditures (plan-adjusted)(1)

$5,927
million(1)

$5,848
million(1)

Fossil generation availability(2)

top decile performance

exceeded top decile performance

30%

Nuclear industry composite performance index(3)

aggressive
goal

missed goal

Service reliabilityservice unavailability (minutes)

better than top decile
(58.0 minutes)

best ever (54.8 minutes)

Service reliabilityaverage frequency of customer interruptions

0.69 interruptions per customer per year (average)

0.65best
ever

Service reliabilityaverage number of momentary interruptions per customer

Execute on schedule and on budget approved North American wind projects

2,587 MW

partially met goal

30%

Execute on schedule and on budget approved North American solar projects

380 MW

beat goal

New development or acquisition opportunities in wind, solar, gas infrastructure or transmission

aggressive goal

beat goal

Maintain construction of Mountain Valley Pipeline (MVP) on schedule and on budget

on schedule and on
budget

missed goal

Pre-tax income contribution from all asset optimization, marketing and trading
activities, full requirements and retail

aggressive goal

beat goal

(1)

Certain of the financial performance indicators used in the Annual Incentive Plan are calculated in a manner consistent
with NextEra Energys planning and budgeting process and how management reviews its performance relative to that plan, and are not, or do not relate directly to, financial measures calculated in accordance with GAAP. For information about the
Companys results of operations for 2019, as presented in accordance with GAAP, investors should review the Companys Annual Report on Form 10-K for the year ended December 31, 2019 and should
not rely on any adjusted amounts or non-GAAP financial measures set forth above. The following explains how the plan-adjusted amounts are calculated from NextEra Energys audited consolidated financial
statements: (a) FPL operations & maintenance costs (plan-adjusted) is a measure that includes most but not all operations & maintenance expenses and includes certain expenses not classified as operations & maintenance
expenses under GAAP, but reported for state regulatory purposes as operations & maintenance expenses; (b) FPL capital expenditures (plan-adjusted) are presented on an accrual basis, and exclude nuclear fuel payments and certain costs
not classified as capital expenditures under GAAP in the consolidated statement of cash flows but reported for state regulatory purposes as capital expenditures; and (c) NextEra Energy Resources earnings (plan-adjusted) exclude:
(i) the mark-to-market effect of non-qualifying hedges; (ii) other than temporary impairments on investments;
(iii) extraordinary items; (iv) non-recurring charges or gains (e.g., restructuring charges and material litigation losses); (v) discontinued operations; (vi) regulatory and/or legislative
changes and/or changes in accounting principles; (vii) labor union disruptions; and (viii) acts of God such as hurricanes.

(2)

Fossil generation availability measures the amount of time during a given period that a power generating
unit is available to produce power.

(3)

The nuclear industry composite performance index referenced is the Institute of Nuclear Power Operations,
or INPO, index. INPO indicates that it promotes the highest levels of safety and reliability in the operation of commercial nuclear power plants by establishing performance objectives, criteria and guidelines for the nuclear power industry and
conducting regular detailed evaluations of all nuclear power plants in North America. The INPO index is an 18-month rolling average of a nuclear plants, and a companys nuclear fleets,
performance against operating performance measures.

(4)

OSHA is the United States Occupational Safety and Health Administration. An OSHA recordable injury is an
occupational injury or illness that requires medical treatment more than simple first aid and must be reported under OSHA regulations.

(5)

FERC is the Federal Energy Regulatory Commission and NERC is the North American Electric
Reliability Corporation.

(6)

The equivalent forced outage rate is computed as the hours of unit failure (unplanned outage hours and
equivalent unplanned de-rated hours) given as a percentage of the total hours of the availability of an electricity generating unit.

After the end of 2019, the Executive Compensation Review Board (review board), whose
members were Messrs. Ketchum, Robo and Silagy and Mrs. Kujawa and the most senior human resources officer, assessed: (1) whether the operational performance goals had been achieved, exceeded or missed and, to the extent exceeded or missed,
by what margin such goals had been exceeded or missed (as set forth in the tables above); (2) the degree of difficulty of achieving each goal; and (3) the Companys performance with respect to each goal as compared to the pre-established payout scale based on top-decile, top-quartile, median and sub-median performance on the same measure (industry-based where benchmark data was available) and
arrived at an aggregate determination for the Companys 2019 performance as compared to the goals. This assessment determined that the Company had achieved superior performance in 2019. The determination of the review board was then presented
to the Compensation Committee, which had ultimate authority to accept or modify all or any part of the determination. For 2019, the Compensation Committee reviewed and discussed the review boards recommendations and the conclusions on which
they were based, and determined to accept those recommendations.

2019 Annual Incentive Awards for the NEOs

Each NEOs 2019 annual incentive compensation was determined based on a rating (NextEra Energy performance rating) derived by combining
the Companys financial performance as measured by the financial performance matrix (weighted 50%) and the Companys operational performance as compared to the operational performance goals (weighted 50%). The NextEra Energy performance
rating for 2019, determined in this manner, was 1.79.

The NextEra Energy performance rating may be adjusted for each NEO by the Compensation
Committee based on individual performance under circumstances in which the Compensation Committee determines that the formulaic calculation of the performance rating without adjustment would otherwise result in the payment of an inappropriate
incentive. The Compensation Committee generally uses this aspect of the executive compensation program on a conservative basis, as it believes that the formula for calculating the NextEra Energy performance rating ordinarily should result in
appropriate incentive payments. The individual performance adjustment, when used, historically has most often ranged between ±10%.

The
Compensation Committee determined the individual performance factors in 2019 based on recommendations from the CEO (for all of the NEOs other than himself). For each NEO other than the CEO, the 2019 individual performance factor was based primarily
upon the Companys exceptional performance as described in the Executive Summary, above, as well as (for each NEO other than the CEO) the NEOs performance relative to a set of objectives agreed upon with the CEO at the beginning of
the year. For the CEO, the Compensation Committee determined the individual performance factor. The Compensation Committee determined Mr. Robos 2019 individual performance factor based on the Compensation Committees assessment of
his performance and the Companys overall 2019 performance as described in the Executive Summary.

The following illustrates the
determination of the 2019 annual incentive for each NEO:

In years where the Companys performance is above or substantially above the performance of its
peers as evidenced by industry benchmarks, as it was in 2019, the Company expects that annual incentive awards will be paid to the NEOs at a rate exceeding the target rate. For 2019, the NEOs annual incentive awards were as follows:

Named Executive
Officer(1)

2019 Target Annual

Incentive

2019 Annual Incentive

Award

James L. Robo

$2,320,000

$4,570,400

Rebecca J. Kujawa

$ 370,300

$ 729,500

John W. Ketchum

$ 688,660

$1,356,700

Eric E. Silagy

$ 807,870

$1,591,500

Manoochehr K. Nazar

$ 698,250

$1,375,600

Charles E. Sieving

$ 601,440

$1,172,800

(1)

Armando Pimentel, Jr. retired and did not receive a 2019 annual incentive award.

The amounts set forth above for the NEOs 2019 annual incentive awards also are set forth in the
Non-Equity Incentive Plan Compensation column (column (g)) in Table 1a: 2019 Summary Compensation Table.

2019 Long-Term Performance-Based Equity Compensation

Equity
Compensation Mix

What We Granted

Why We Granted It

Performance shares

Directly focus NEOs on the multi-year sustained achievement of challenging TSR, financial and operational goals, because the number
of shares ultimately earned depends upon the Companys and the NEOs performance over a three-year performance period.

Performance-based restricted stock

Includes a performance goal; affected by all stock price changes, so value to NEOs affected by both increases and decreases in the
Companys stock price.

Performance-based restricted NEP common units

Includes a performance goal; affected by all common unit price changes, so value to NEOs affected by both increases and decreases in
NEPs common unit price.

Stock options

Reward the NEOs only if the Companys stock price increases and remains above the stock price on the date of grant.

In determining the appropriate mix of equity compensation components, the Compensation Committee
primarily considers the following factors:



the mix of these components at competitor and peer companies and emerging market trends;



the retention value of each element and other values important to the Company, including, for example, the tax and
accounting consequences of each type of award;



the advice of the Compensation Consultant; and



the perceived value to the NEO of each element.

As shown below, the Compensation Committee continued its practice of granting NEOs equity-based compensation which is composed of a substantially greater
percentage of performance share awards, since our shareholders indicated during our shareholder outreach that they most highly value the longer-term performance features of performance shares. After the Compensation Committee determined the
appropriate mix of equity compensation components, the target award level for each equity-based element was expressed as a percentage of each NEOs target total direct compensation opportunity. The target dollar value for each component was
converted to a number of shares of equivalent value (estimated present value for stock options and performance shares).

2019 Mix of Equity Compensation Awards
for the NEOs

In 2019, the Compensation Committee granted the following mix of equity-based compensation to the NEOs:

Mix of Equity Compensation Awards(1)

Named Executive Officer

PerformanceShares

Options

Performance-Based RestrictedStock

Performance-Based RestrictedNEP
CommonUnits

James L. Robo

65%

25%

3%

7%

Rebecca J. Kujawa

60%

20%

13%

7%

John W. Ketchum

60%

20%

13%

7%

Eric E. Silagy

60%

20%

20%



Manoochehr K. Nazar

60%

20%

20%



Charles E. Sieving

60%

20%

13%

7%

Armando Pimentel, Jr.

60%

20%

13%

7%

(1)

Calculation of mix percentages based on the grant date present value of each grant as a percentage of each NEOs
total equity-based compensation.

Performance Share Awards Granted in 2019 for the Performance Period Ending December 31, 2021

For the performance share awards granted in 2019 for the performance period beginning January 1, 2019 and ending December 31, 2021, the
Compensation Committee continued to use the performance measures adopted in 2018 to ensure alignment in award design with TSR plan design trends and enable strong pay for performance alignment. The 2019 performance share awards have 3-year adjusted ROE and EPS growth and operational measures as performance measures. Consistent with prior years, the awards also have an individual performance factor ranging from ±20%, which is applicable
only to 65% of the performance share award determined based on financial and operational performance measures to enable the Compensation Committee to adjust payouts based on their assessment of the NEOs individual performance. The goals used
to measure long-term performance for purposes of the NEOs performance

share awards are different both in terms of the objectives and time-frames than the goals used to measure short-term performance under the Companys Annual Incentive Plan. The measures, and
their relative weights, are set forth below:

Performance Measure

Weight

3-year TSR relative to top ten power companies by market capitalization, which is a
subset of the S&P 500 Utilities Index

±20% modifier to
award payout

3-year adjusted ROE and adjusted EPS growth (determined using a financial matrix similar
to the one set forth on page 46)

During the performance period, performance shares are not issued, the NEO may not sell or transfer the NEOs
contingent right to receive performance shares and dividends are not paid.

Payout of Performance Share Awards Granted in 2017 for the Performance Period Ended
December 31, 2019

Each NEO was granted a target number of performance shares in 2017 for a three-year performance period beginning
January 1, 2017 and ending on December 31, 2019. The Compensation Committee views the payout of this grant after the end of the performance period as part of each NEOs 2017 compensation, while the performance shares granted in
2019 for the performance period ending on December 31, 2021 are considered to be part of each NEOs 2019 compensation, even though the shares will not be issued, if at all, until February 2022.

At the end of the performance period for the performance share awards granted in 2017, each NEOs performance share award payout, other than
Mrs. Kujawas payout, was determined in accordance with measures and weights as set forth below:

Performance Measure

Weight

3-year TSR relative to the companies in the S&P 500 Utilities Index

35%

3-year adjusted return on equity and adjusted EPS growth (determined using a financial
matrix similar to the one set forth on page 46)

The 2017 performance share award overall rating, determined in this manner, was 2.00, as shown below.

Performance Measure(1)

Weight

Result

Payout as a %of
Target

Adjusted EPS Growth and Adjusted ROE

52

%

2.00

200

%

Operational Measures

13

%

1.91

191

%

Relative TSR

35

%

2.00

200

%

Overall Rating

1.99

199

%

Overall Rating (after applying individual performance factors)(1)

2.00

200

%

(1)

Each NEOs individual performance factor ranges from +/- 20% (applicable to 65% of the performance share award
determined based on financial and operational performance measures). After applying each NEOs individual performance factor, the NEOs, except for Mrs. Kujawa, received an overall rating of 2.00.

Applying the overall rating results to the target performance shares resulted in the following performance share award payouts for each of the NEOs:

Named Executive
Officer

Target Performance Sharesfor Performance Period1/1/17-12/31/19

Performance Shares Earned

James L. Robo

55,660

111,320

Rebecca J. Kujawa(1)

918

1,679

John W. Ketchum

8,564

17,128

Eric E. Silagy

11,733

23,466

Manoochehr K. Nazar

10,995

21,990

Charles E. Sieving

7,509

15,018

Armando Pimentel, Jr.

13,743

27,486

(1)

Rebecca J. Kujawas 2017 performance share award payout was determined by multiplying her target number of shares
by her three-year average performance rating determined under the Annual Incentive Plan for each of 2017, 2018 and 2019.

See
Table 2: 2019 Grants of Plan-Based Awards for information about the performance shares awarded to the NEOs in 2019 and Table 4: 2019 Option Exercises and Stock Vested for additional information about the performance shares issued for
the three-year performance period which began on January 1, 2017 and ended on December 31, 2019.

Performance-Based Restricted Stock Granted in 2019

The performance objective for performance-based restricted stock is adjusted earnings of $1.2 billion. The shares of performance-based
restricted stock granted in 2019 will not vest unless and until the Compensation Committee certifies that NextEra Energys adjusted earnings for each of 2019, 2020 and 2021, respectively, equal or exceed $1.2 billion.

Because the Compensation Committee intends for the grant date present value of performance-based restricted stock awards to equal the fair market value
of an equivalent number of shares of the Companys common stock absent the performance and vesting conditions, dividends are paid on performance-based restricted stock awards as and when dividends are paid on the common stock. However, any
dividends paid on performance-based restricted stock awards that do not vest must be repaid within 30 days following forfeiture of the award.

See Table 2: 2019 Grants of Plan-Based Awards for information about the performance-based restricted stock awarded to the NEOs in 2019 and the
description following that table for information about the material terms and conditions applicable to those performance-based restricted stock awards.

In February 2019, as part of the Compensation Committees setting of 2019 long-term performance-based incentive compensation for the NEOs, the
Compensation Committee expressed its preference that a portion of the long-term performance-based incentive compensation to be awarded to the NEOs who also are officers of NEP be granted in the form of NEP performance-based restricted common units
(NEP Awards). The Compensation Committee concluded that the proposed NEP Awards would further align the incentive compensation of these NEOs to activities that promote the growth of long-term value for shareholders of the Company. After
considering this and other factors, the Board of Directors of NEP (the NEP Board) in February 2019 approved grants of NEP Awards to those Company NEOs who also are officers of NEP, as well as to other officers and employees of the
Company or its affiliates who are responsible for significant NEP activities.

The NEP Awards received by the NEOs did not increase the NEOs
overall incentive compensation opportunity, but instead replaced on a dollar-for-dollar basis approximately 7% of the aggregate grant date value of the portion of their
long-term performance-based awards in 2019 that otherwise would have been issued in the form of performance-based restricted stock of the Company. The performance objective for NEP Awards is adjusted EBITDA of $400 million. Therefore, the NEP
Awards granted in 2019 will not vest unless and until the NEP Board certifies that NEPs adjusted EBITDA for 2019, 2020 and 2021, respectively, equals or exceeds $400 million.

The NEP Awards were made pursuant to the NextEra Energy Partners, LP 2014 Long Term Incentive Plan (NEP 2014 LTIP). NEP will be reimbursed by
the Company for the grant date fair value of all NEP Awards granted to employees and officers of the Company or its affiliates.

See Table 2: 2019
Grants of Plan-Based Awards for information about the performance-based restricted NEP common units awarded to the NEOs in 2019 and the description following that table for information about the material terms and conditions applicable to those
performance-based restricted common units.

Non-Qualified Stock Option Awards in 2019

The Compensation Committee grants non-qualified stock options, rather than incentive stock options, primarily
because the tax treatment of non-qualified stock options is more favorable to the Company than the treatment of incentive stock options. The 2011 LTIP prohibits repricing of awarded options without shareholder
approval. See Table 2: 2019 Grants of Plan-Based Awards for information about the stock options granted to the NEOs in 2019 and the description following that table for further information about the material terms and conditions applicable to
stock options.

Equity Grant Practices

Equity awards are
granted by the Compensation Committee to the NEOs each year in mid-February, which is a date that is normally set two years in advance. The Compensation Committee believes that granting equity in this way is
appropriate because the Company typically releases year-end earnings in late January, so all relevant information should be available to the market on the grant date. Equity awards may also be made to new
executive officers upon hire or promotion, generally coincident with the date of hire or promotion or the Compensation Committee meeting next following the date of hire or promotion. The Compensation Committee does not seek to time equity grants to
take advantage of information, either positive or negative, about the Company which has not been publicly disseminated. The exercise price of options granted is equal to the closing market price of NextEra Energys common stock on the effective
date of grant.

Compensation Committee Role and Processes; Role of External Consultant

The Compensation Committee plans its agendas to ensure a thorough and thoughtful decision process. Typically, information regarding strategic decisions
with respect to the NEOs is presented at one meeting to the Compensation Committee, which makes its decision at a subsequent meeting. This allows time for follow-up questions from Compensation Committee
members in advance of the final decision.

The Compensation Committee had an executive session at the end of each of its 2019 meetings, during which
no executive officers were present. During the appropriate executive sessions, the Compensation Committee evaluated the performance of the chairman and CEO, discussed and approved the compensation of the chairman and CEO, met with the Compensation
Consultant and discussed and considered such other matters as it deemed appropriate.

During 2019, the Compensation Committee engaged Frederic W.
Cook & Co., Inc. (FW Cook), an independent executive compensation consulting firm which performed no other services for NextEra Energy or its affiliates, to provide advice and counsel to the Compensation Committee from time-to-time. FW Cook is sometimes referred to as the Compensation Consultant.

In 2019, the Compensation Consultant participated in all Compensation Committee meetings. In accordance with its engagement letter, during the 2019
executive compensation cycle, FW Cook provided the Compensation Committee and the Company with analyses and advice on topics such as pay competitiveness and executive compensation program plan design. FW Cook also benchmarked and discussed with the
Compensation Committee its recommendation with respect to non-employee director compensation. The Compensation Consultant also monitored current and emerging market trends and reported to the Compensation
Committee on such trends and their impact on the Company compensation practices. In 2019, the Compensation Committee also assessed the independence of FW Cook in accordance with SEC rules and concluded that the Compensation Consultants work
for the Compensation Committee did not raise any conflicts of interest.

Compensation Resources

The Compensation Committee used its business judgment to set each NEOs target total direct compensation opportunity for 2019 and each compensation
element. The Compensation Committee based its determination on its integrated assessment of a series of factors, including competitive alternatives, individual and team contribution and performance, corporate performance, complexity and importance
of role and responsibilities, experience, leadership and growth potential and the relationship of the NEOs pay to the pay of NextEra Energys other executive officers. There are no material differences among NEOs with respect to the
application of NextEra Energys compensation policies or the way in which total compensation opportunity is determined.

The Compensation
Committee primarily used the following resources to aid in its determination of the 2019 target total direct compensation opportunity for each NEO.

Market
Comparisons/Peer Group

When establishing each NEOs target total direct compensation opportunity for 2019, the Compensation Committee
considered the competitive market for comparable executives and compensation opportunities provided by comparable companies. Competition for executive talent primarily affects the aggregate level of the target total direct compensation opportunity
available to the NEOs.

The Compensation Committee believes that it is critical to the Companys long-term performance to offer its executive
officers compensation opportunities broadly commensurate with their competitive alternatives. The Company obtained market comparison information for all NEOs from publicly-available peer group information. The Companys peer group is composed
of a set of companies from the energy services

industry and a set of companies from general industry. These companies were selected by the Compensation Committee with input from executive officers (including the CEO) and the Compensation
Consultant. The Compensation Committee believes that the use of companies both from the energy services industry and from general industry was appropriate because the Companys executive officers come both from within and from outside the
Companys industry. NEOs were recruited from within and outside the Companys industry and the Compensation Committee believes that their opportunities for alternative employment are not limited to other energy or utility companies.

For 2019, the Compensation Committee conducted a review of the then-existing 2018 peer group based on the following criteria:

Selection Criteria

Energy Services Industry

General Industry

 Publicly-traded companies with a strong
United States domestic presence

 Classified with a Standard Industrial
Classification (SIC) code similar to the Companys SIC code

 Annual revenue greater than
$5 billion

 A potential source of executive talent

 Included in an executive compensation
survey database provided by a third party

 Publicly-traded companies with a strong United States domestic presence

All energy services industry companies included in the Companys 2018 peer group met these
criteria and were retained by the Compensation Committee for the 2019 peer group and no additional companies were added to this group. The Compensation Committee determined that four general industry companies, Fluor Corporation, Hess Corporation,
Principal Financial Group, Inc. and Xerox Corporation were outliers due to business transactions or the size of the companies. The Compensation Committee replaced these four companies with Danaher Corporation, Halliburton Company, Northrop Grumman
and Thermo Fisher Scientific, Inc., which are in industries in which the Company competes for talent and the Compensation

Committee believes are
more appropriately aligned with the Companys business in terms of market capitalization and scope. Thus, the executive compensation programs of the following companies were reviewed as market comparators for 2019:

Energy Services Industry (n=14)

General Industry (n=21)

American Electric Power Company, Inc.

3M Company

Consolidated Edison, Inc.

Air Products and Chemicals, Inc.

Dominion Energy, Inc.

Anadarko Petroleum Corporation

Duke Energy Corporation

CIGNA Corporation

Edison International

Colgate-Palmolive Company

Entergy Corporation

Danaher Corporation

Exelon Corporation

Devon Energy Corporation

FirstEnergy Corp.

DowDuPont Inc.(1)

PG&E Corporation

Eaton Corporation

PPL Corporation

Emerson Electric Co.

Public Service Enterprise Group Incorporated

General Dynamics Corporation

Sempra Energy

Halliburton Company

The Southern Company

Honeywell International, Inc.

Xcel Energy Inc.

Kellogg Company

Marsh & McLennan

Northrop Grumman

Schlumberger Limited

Texas Instruments Incorporated

Thermo Fisher Scientific, Inc.

Union Pacific Corporation

Waste Management, Inc.

(1)

E.I. du Pont de Nemours and Company merged with The Dow Chemical Company effective August 21, 2017 to form
DowDuPont Inc. and on April 1, 2019 completed the spin-off into three separate companies: Dow Inc., the materials science division, DuPont de Nemours, Inc., the specialty products division, and Corteva,
Inc., the agriculture division.

Although the Compensation Committee did not target specific total compensation levels relative to
industry peers (a so-called percentile approach), it generally reviewed peer company data at the 50th percentile for the general industry
companies and the 75th percentile for the energy services industry companies. The Compensation Committee believes these levels were appropriate because:



the Companys practice is to make a relatively high portion of each NEOs compensation performance-based as
compared to its peers;



the Companys operations are more complex, more diverse and of a greater size than those of substantially all of
its energy services industry peer companies;

the Companys 2018 market capitalization and assets were above the
75th percentile of its general industry peer companies and its energy services industry peer companies; and



the Companys 2018 market capitalization was over 30% greater than the 2nd largest energy services industry peer companys market capitalization.

Other
Resources

What We Use

How We Use It

Tally
sheets and walk-away charts

Provides a check to ensure that the Compensation Committee sees the
full value of all elements of the NEOs annual compensation, both as opportunity and as actually realized, and sees the actual results of its compensation decisions in the various situations under which employment may terminate

Reviews by the
CEO

Prior to the beginning of the year, the Compensation Committee
solicits performance reviews of the other NEOs and executive officers from the CEO for use as an additional input to the Compensation Committees determination of target total direct compensation opportunity and, after the end of the year,
whether or not to use their discretion to adjust annual incentive compensation amounts determined using the formula discussed above

Other Practices and Policies Related to Compensation

Stock Ownership and Retention Policies

The Company
believes it is important for executive officers to accumulate a significant amount of NextEra Energy common stock to align officers interests with those of the Companys shareholders. NextEra Energys NEOs (and all other officers)
are subject to a stock ownership policy and a stock retention policy. The Company believes these policies strongly reinforce NextEra Energys executive compensation philosophy and objectives. At the same time, the Company recognizes that the
accumulation of a large, undiversified position in NextEra Energy common stock can at some point create undesired incentives, and it permits its officers some degree of diversification once the target level of holdings is reached.

Under the stock ownership policy, officers are expected, within three years after appointment to office, to own NextEra Energy common stock with a value
equal to a multiple of their base salaries. Shares of NextEra Energy common stock and share units held in NextEra Energys employee benefit plans and deferred compensation plan are credited toward meeting this requirement. Unvested shares of
performance-based restricted stock count, while shares subject to unpaid performance share awards and unexercised options do not count, toward the calculation of required holdings. The current multiples are as follows:

As of December 31, 2019, all NEOs owned common stock in excess of their requirements.

Under the stock retention policy, until such time as the requirements of the stock ownership policy are met, NextEra Energy expects executive officers to
retain (and not sell) a number of shares equal to at least two-thirds of shares acquired through equity compensation awards (cumulatively, from the date of appointment as an executive officer). In addition,
all of the NEOs (among other executive officers) must retain all shares of performance-based restricted stock for a minimum of 24 months after vesting (net of shares withheld for, or used to pay, taxes).

Officers who fail to comply with the retention policy may not be eligible for future equity-based compensation awards for a two-year period. The CEO may approve the modification or reduction of the minimum retention requirements (other than for himself) to address the special needs of a particular officer, although to date there have
been no such modifications or reductions.

Clawback Provisions

The Company has an incentive compensation recoupment, or clawback, policy which provides for recoupment of incentive compensation from
current and former executive officers in the event of the occurrence of either of the following triggering events:

(1)

a decision by the Audit Committee that recoupment is appropriate in connection with an accounting restatement of the
Companys previously-published financial statements caused by what the Audit Committee deems to be material non-compliance by the Company with any financial reporting requirement under the federal
securities laws (Financial Statement Triggering Event); or

(2)

a decision by the Compensation Committee that one or more performance metrics used for determining previously paid
incentive compensation was incorrectly calculated and, if calculated correctly, would have resulted in a lower payment to one or more executive officers (Performance Triggering Event).

If a triggering event occurs, the Company will (to the extent permitted by applicable law) recoup from any current or former executive officer any
incentive compensation paid or granted during the three-year period preceding the triggering event that was in excess of the amount that would have been paid or granted after giving effect, as applicable, to the accounting restatement that resulted
from the Financial Statement Triggering Event or to what would have been the correct calculation of the performance metric(s) used in determining that a Performance Triggering Event had occurred. The incentive compensation to be recouped will be in
an amount and form determined in the judgment of the Board. In addition, the 2011 LTIP provides that any award granted under the 2011 LTIP will be subject to mandatory repayment by the grantee to the extent that events occur that require such
mandatory repayment under (a) any Company clawback or recoupment policy that is adopted to comply with the requirements of any applicable law, rule or regulation, or otherwise (such as the policy described above) or (b) any
law, rule or regulation which imposes mandatory recoupment upon the occurrence of such events.

Anti-Hedging Policy

The Companys Security Trading Policy (the Trading Policy), which applies to all Directors, executive officers and employees, prohibits
hedging transactions with respect to securities of the Company. The Company considers it improper and inappropriate for any Company insider to engage in short-term or speculative transactions in the Companys securities. Transactions in
options, puts, calls or other derivative securities are prohibited. Additionally, certain forms of hedging transactions with respect to the Companys securities, such as prepaid variable forwards, equity swaps and collars, are prohibited. These
transactions allow an insider to continue to own covered securities without the full risks and rewards of ownership and the insider may no longer have the same objectives as the Companys other shareholders. Therefore, these transactions are
prohibited under the Trading Policy.

The Compensation Committee oversees compensation-related risks, including annually reviewing managements assessment of risks related to employee
compensation programs. In February 2020, the Compensation Committee reviewed managements analysis of the Companys compensation program risks and mitigation of those risks, as well as the Companys ongoing compensation risk
management process. The Committee reviewed, among other matters, the Boards overall role in the oversight of the Companys risk, the Compensation Committees role in the oversight of compensation-related risks, the relationship of
certain risks to the Companys compensation programs and policies and the compensation risk-related risk mitigation practices and controls which the Company has in place.

Additional 2019 Compensation Elements

Benefits

NextEra Energy provides its executive officers with a comprehensive benefits program which includes health and welfare, life insurance and other personal
benefits. For programs to which employees contribute premiums, executive officers pay the same premiums as other similarly-situated exempt employees. Retirement and other post-employment benefits are discussed under Post-Employment
Compensation. These benefits are an integral part of the total compensation package for NEOs, and the aggregate value is included in the information reviewed by the Compensation Committee annually to ensure the reasonableness and appropriateness
of total rewards. In addition, NextEra Energy believes that the intrinsic value placed on personal benefits by the NEOs is generally greater than the incremental cost of those benefits to the Company.

Personal Benefits

NextEra Energy provides its executive
officers with personal benefits which, in many cases, improve efficiency by allowing the executive officers to focus on their critical job responsibilities and/or increasing the hours they can devote to work. Some of these benefits also serve to
better secure the safety of the executive officers and their families. The Compensation Committee and its Compensation Consultant periodically review the personal benefits offered by the Company to ensure that the program is competitive and
producing the desired results. The Compensation Committee believes that the benefits the Company derives from these personal benefits more than offset their incremental cost to the Company.

See footnote 2 to Table 1b: 2019 Supplemental All Other Compensation for a description of the personal benefits provided to the NEOs for 2019.

Use of Company-Owned Aircraft

Company aircraft are
available to the NEOs, as well as other employees and directors, for business travel, which includes, in the judgment of the Governance & Nominating Committee, travel by NEOs to Company-approved outside board meetings and travel in
connection with physical examinations. Among other advantages, business use of the aircraft by executives maximizes time efficiencies, provides a confidential environment for business discussions and enhances security.

NextEra Energy permits limited non-business use of Company aircraft by NEOs when that use does not interfere with
the use of Company aircraft for business purposes. Non-business use is generally discouraged, however, and must be approved in advance by the CEO. NEOs must pay the Company for their non-business use based on the rate prescribed by the IRS for valuing non-commercial flights. A NEO traveling on Company aircraft for business purposes may, with the approval
of the CEO, be accompanied by the NEOs guests, spouse and/or other family members. In this circumstance, there is essentially no incremental cost to the Company associated with transporting the additional passengers. Unless the travel is
important to carrying out the business responsibilities of the NEO, however, the Company generally requires payment by the NEO for these passengers based on the rates described above. All non-business

use of Company aircraft is reported to and reviewed by the Governance & Nominating Committee annually. In 2019, the NEOs use of Company aircraft for
non-business purposes represented approximately 178 passenger flight hours and for travel to Company-approved outside board meetings and annual physical examinations represented an additional approximately 29
passenger flight hours. Company aircraft were used for a total of approximately 4,110 passenger flight hours in the aggregate in 2019.

Policy on Tax
Reimbursements on Executive Perquisites

In accordance with the NextEra Energy, Inc. Policy on Tax Reimbursements on Executive Perquisites, the
Company does not provide tax reimbursements on perquisites to the NEOs. In circumstances where the Compensation Committee deems such an action appropriate, the Company may provide tax reimbursements to executives as part of a plan, policy or
arrangement applicable to a broad base of management employees of the Company, such as a relocation or expatriate tax equalization policy.

Post-Employment
Compensation

NextEra Energy expects continued and consistent high levels of individual performance from all executive officers as a condition of
continued employment. The Company has in the past terminated the employment of executive officers who were unable to sustain the expected levels of performance, and it is prepared to do so in the future should that become necessary. All of the NEOs,
including the CEO, are employees at will.

Set forth below is a description of the agreements and programs that may provide for
compensation should a NEOs employment with the Company terminate under specified circumstances.

Severance Plan

The NextEra Energy, Inc. Executive Severance Benefit Plan (the Severance Plan) provides for the payment of severance benefits to the NEOs and
to certain other senior executives if their employment with the Company is involuntarily terminated in specified circumstances. The purpose of the Severance Plan is to retain the covered senior executives and encourage dedication to their duties by
ensuring the equitable treatment of those who may experience an involuntary termination, as defined in the Severance Plan. The Severance Plan provides severance benefits following involuntary termination in exchange for entry by the executive into a
release of claims against the Company and an agreement to adhere to certain non-competition and related covenants protective of the Company and its affiliates. Following a covered involuntary termination and
the execution of the release and other agreement, the executive would receive a cash payment equal to two times the executives annual base salary plus two times the executives target annual incentive compensation for the year of
termination, payable in two equal annual installments. In addition, the executives outstanding equity and equity-based awards would vest pro rata, and become payable at the end of any applicable performance periods, subject to the attainment
by the Company of the specified performance objectives. The executive also would receive certain ancillary benefits, including outplacement assistance or payment in an amount equal to the value of the outplacement assistance. Amounts payable under
the Severance Plan are subject to a cap specified in the Severance Plan.

The Company may amend or terminate the Severance Plan, in full or in part,
at any time, but if an amendment or termination would affect the rights of an executive, the executive must agree in writing to the amendment or termination. The Severance Plan does not provide for the payment of severance benefits upon terminations
governed by the terms of the Retention Agreements described below.

Change in Control

Each of the NEOs is a party to an executive retention employment agreement (Retention Agreement) with the Company. The Compensation Committee
has concluded that the Retention Agreements are desirable in order to align NEO and shareholder interests under some unusual conditions, as well as useful and, in some cases, necessary to attract and retain senior executive talent.

In connection with a change in control of the Company, it can be important to secure the dedicated
attention of executive officers whose personal positions are at risk and who have other opportunities readily available to them. By establishing compensation and benefits payable under various merger and acquisition scenarios, change in control
agreements enable the NEOs to set aside personal financial and career objectives and focus on maximizing shareholder value. These agreements also help the officer to maintain an objective and neutral perspective in analyzing opportunities that may
arise. Furthermore, they ensure continuity of the leadership team at a time when business continuity is of paramount concern. Without the Retention Agreements, the Company would have a greater risk of losing key executives in times of uncertainty.

Retention Agreements entered into since 2009 do not include excise tax gross-ups. The material terms of the
Retention Agreements are described under Potential Payments Upon Termination or Change in Control on page 81.

Retirement Programs

Employee Pension Plan and 401(k) Plan

NextEra Energy
maintains two retirement plans which qualify for favorable tax treatment under the Internal Revenue Code (Code): a non-contributory defined benefit pension plan and a defined contribution 401(k)
plan. These plans are available to substantially all NextEra Energy employees. Each of the NEOs participates in both plans. The pension plan is more fully described following Table 5: Pension Benefits.

Supplemental Executive Retirement Plan (SERP)

Current tax laws place various limits on the benefits payable under tax-qualified retirement plans, such as
NextEra Energys defined benefit pension plan and 401(k) plan, including a limit on the amount of annual compensation that can be taken into account when applying the plans benefit formulas. Therefore, the retirement incomes provided to
the NEOs by the qualified plans generally constitute a smaller percentage of final pay than is typically the case for other Company employees. In order to make up for this and maintain the market-competitiveness of NextEra Energys executive
retirement benefits, NextEra Energy maintains an unfunded, non-qualified SERP for its executive officers, including the NEOs. For the NEOs, compensation included under the SERP is annual base salary plus the
actual annual cash incentive award, as opposed to the compensation included under the qualified plans, which is annual base salary only. NextEra Energy believes it is appropriate to include annual cash incentive awards for purposes of determining
retirement plan benefits (both defined benefit pension and 401(k)) for the NEOs in order to ensure that the NEOs can replace in retirement a proportion of total compensation similar to that replaced by other employees participating in the
Companys defined benefit pension and 401(k) plans, bearing in mind that base salary alone constitutes a relatively smaller percentage of a NEOs total compensation.

For additional information about the defined benefit plan benefit formulas under the SERP, see Table 5: Pension Benefits and accompanying
descriptions.

Deferred Compensation Plan

NextEra Energy
sponsors a non-qualified, unfunded Deferred Compensation Plan, which allows eligible highly compensated employees, including the NEOs, voluntarily and at their own risk to elect to defer certain forms of
compensation prior to the compensation being earned and vested. NextEra Energy makes this opportunity available to its highly compensated employees as a financial planning tool and an additional method to save for retirement. Deferrals by executive
officers generally result in the Company deferring its obligation to make cash payments or issue shares of its common stock to those executive officers.

The Compensation Committee does not view the Deferred Compensation Plan as providing executives with additional compensation. Participants in the
Deferred Compensation Plan are general creditors of the Company and the deferral of the payment obligation provides a financial advantage to the Company. For additional information about the Deferred Compensation Plan, see Table 6: Nonqualified
Deferred Compensation and accompanying descriptions.

The Compensation Committee carefully considers the tax impact of the Companys compensation programs on NextEra Energy as well as on the NEOs.
However, the Compensation Committee believes that decisions regarding executive compensation should be primarily based on whether they result in positive long-term value for the Companys shareholders and other important stakeholders. In light
of the repeal of the performance-based compensation exception to Section 162(m) of the Code, the Compensation Committee expects compensation granted or paid in 2019 and future tax years will not be fully deductible for income tax purposes.
While the Compensation Committee believes that shareholder interests are best served if it retains discretion and flexibility in awarding compensation, even though some compensation awards may result in
non-deductible compensation expenses, the Compensation Committee intends to maintain strong pay-for-performance alignment of
executive compensation arrangements notwithstanding loss of deductibility due to repeal of the exemption for performance-based compensation.

Compensation Committee Report

The Compensation Committee has reviewed and discussed with management the Compensation Discussion & Analysis required by applicable SEC rules
which precedes this Report and, based on its review and that discussion, the Compensation Committee recommended to the Board that the Compensation Discussion & Analysis set forth above be included in the Companys proxy statement for
the 2020 annual meeting of shareholders.

When reviewing the narrative, tables and footnotes which follow, note that, in order to meet the goals and objectives of NextEra Energys executive
compensation program as described in Compensation Discussion & Analysis, the Compensation Committee primarily focuses on, and values, each NEOs total compensation opportunity at the beginning of the relevant
performance periods. Since many elements of total compensation are variable, based on performance and are not paid to the NEO for one, two or three years (and in some instances longer) after the compensation opportunity is first determined, the
amounts reported in some of the tables in this proxy statement may reflect compensation decisions made prior to 2019 and in some cases reflect amounts different from the amounts that may ultimately be paid.

Table 1a: 2019 Summary Compensation Table

The following table provides certain information about the compensation paid to, or accrued on behalf of, the NEOs in 2019. It is important to keep in
mind the following when reviewing the table:



The amounts shown in the Stock Awards and the Option Awards columns are based on the aggregate
grant date fair value of awards computed under applicable accounting rules for all equity compensation awards.



The Change in Pension Value and Nonqualified Deferred Compensation Earnings column reflects the change in
the present value of the pension benefit payable to each NEO in the applicable year. These changes in present value are not related to any compensation decision on the part of the Compensation Committee.

Executive Vice President andGeneral Counsel of NextEraEnergy and
Executive VicePresident of FPL(2)

Armando Pimentel, Jr.

2019

205,089

0

5,841,140

951,697

0

23,254

101,042

7,122,222

Former President and CEO
of NextEra EnergyResources(2)(3)

2018

1,004,600

0

3,296,321

584,188

1,272,800

353,407

153,133

6,664,449

2017

897,000

0

2,652,861

521,600

1,205,600

320,145

143,860

5,741,066

(1)

In accordance with SEC rules, for 2019, NextEra Energys last completed fiscal year, the ratio of the total
compensation of Mr. Robo, the PEO, to NextEra Energys median employees annual compensation was 168 to 1. The median employees annual total compensation was $129,735. The total annual compensation of the PEO for purposes of
calculating the pay ratio was

$21,877,597. As permitted by SEC rules, we are using the same median employee in our pay ratio calculation for 2019 as we used for 2018. We believe that there have not been any changes in our
employee population or employee compensation arrangements since 2018 that would significantly impact our pay ratio for 2019. We previously identified our median employee for 2018 from our employee population as of December 31, 2018. On that
date, NextEra Energy had 14,148 U.S.-based active employees. NextEra Energy had 105 employees in Canada and 69 employees in Spain (total of 174 employees) that were excluded in accordance with SEC rules from the median employee determination as they
represented less than 5% of the Companys workforce. The compensation measure used to identify the median employee was total cash compensation, and no employees compensation was annualized. Total cash compensation is the predominant form
of employee remuneration. For the previously identified median employee, all of the elements of the employees 2019 compensation was combined in accordance with the applicable SEC rules.

(2)

Effective March 1, 2019, Mr. Pimentel retired, Mr. Ketchum was appointed president and CEO of NextEra
Energy Resources and Mrs. Kujawa was appointed executive vice president, finance and chief financial officer. Mr. Ketchum previously served as executive vice president, finance and chief financial officer of NextEra Energy and FPL.
Mrs. Kujawa and Mr. Sieving became NEOs in 2019. Therefore, in accordance with SEC rules, only 2019 compensation is presented.

(3)

Mr. Pimentel retired from the Company on March 1, 2019. The salary shown for 2019 includes the amount earned
by Mr. Pimentel in 2019, when his annual base salary rate was $1,074,900.

(4)

The amounts shown represent the aggregate grant date fair value of equity-based compensation awards granted during the
relevant year, valued in accordance with applicable accounting rules, without reduction for estimated forfeitures. See Note 11 EquityStock-Based Compensation to the consolidated financial statements in the Companys Annual Report
on Form 10-K for the years ended December 31, 2019 and December 31, 2018, and Note 10 EquityStock-Based Compensation to the consolidated financial statements in the Companys Annual
Report on Form 10-K for the year ended December 31, 2017, for the assumptions used in this valuation.

(5)

Includes performance-based restricted stock and performance share awards valued based on the probable outcome of the
performance conditions as of the grant date; and for Mrs. Kujawa and Messrs. Robo, Ketchum, Sieving and Pimentel, performance-based restricted NEP common units. The grant date fair value of performance-based restricted NEP common units is
measured based upon the closing market price of NEP common units as of the date of grant, February 19, 2019. With respect to the performance shares granted in 2019 and 2018 to all NEOs, a performance rating assumption of 1.40 (i.e. target
shares multiplied by 1.40) was used (in accordance with applicable accounting guidance) to value such performance share awards and grant date fair value for all NEOs was determined on the grant date using the Monte-Carlo simulation process with the
variables listed in the table below. With respect to 65% of the target number of performance shares granted in 2017 to all NEOs, a performance rating assumption of 1.40 (i.e. target shares multiplied by 1.40) was used (in accordance with applicable
accounting guidance) to value such performance share awards. With respect to 35% of the target number of performance shares granted in 2017, grant date fair value for all NEOs was determined on the grant date using the Monte-Carlo simulation process
with the following variables:

Description

Market

Volatility

Yield

Interest Rate

Expected Life

Fair Value

For the 2/14/2019 grant:

$182.61

15.76%

2.93

%

2.47%

2.88 yr.

$171.80

For the 2/15/2018 grant:

$154.43

16.26%

3.05

%

2.37%

2.87 yr.

$154.64

For the 2/17/2017 grant:

$126.86

17.64%

3.16

%

1.44%

2.87 yr.

$147.07

For Mr. Pimentel, actual grant date fair value of stock awards granted in 2019 was $555,521. The additional amount
shown in this column, $5,285,619, represents the incremental fair value of 2017, 2018 and 2019 stock awards, as required under applicable accounting guidance, in connection with Mr. Pimentels retirement meeting the conditions for
continued full vesting under his equity award agreements.

Includes the amount earned by each NEO, as applicable, with respect to 2019, 2018 and 2017 under the Annual Incentive
Plan. Mr. Pimentel, who retired in 2019, did not receive annual incentive compensation with respect to 2019.

All amounts in this column reflect the one-year change in the present value of each NEOs accumulated benefit
under the tax-qualified defined benefit employee pension plan and the SERP, except for Mr. Pimentel, whose amount only reflects the change in the pension plan. Mr. Pimentel received a lump sum payment for the SERP of $2,821,667 in October
2019 and thus, on December 31, 2019, Mr. Pimentel no longer had a balance in the SERP. The Deferred Compensation Plan does not permit above-market interest to be credited and, therefore, no above-market interest was credited in 2019, 2018
and 2017.

(11)

Additional information about the amounts for 2019 set forth in the All Other Compensation column may be
found in Table 1b: 2019 Supplemental All Other Compensation, which immediately follows.

NextEra Energy maintains both defined benefit and defined contribution retirement plans. Amounts attributable to the
defined benefit plans are reported in Table 1a: 2019 Summary Compensation Table under column (h), Change in Pension Value and Nonqualified Deferred Compensation Earnings. Amounts attributable to the defined contribution plans are
reported under column (i), All Other Compensation, and are further described below under Additional Disclosure Related to Pension Benefits Table. This column includes employer matching contributions to the Companys qualified
401(k) plan of $13,300 for each NEO, except for Mr. Pimentel, for whom an employer matching contribution of $2,558 was made, plus the Companys contributions to the nonqualified defined contribution portion of the SERP.

(2)

This column includes the aggregate incremental cost to NextEra Energy of providing personal benefits to the NEOs. For
each NEO, the personal benefits reported for 2019 in this column include: annual premiums for $5 million in umbrella coverage under a group personal excess liability insurance policy; reimbursement for professional financial planning and legal
services; for all NEOs other than Mr. Robo and Mrs. Kujawa, the cost of the officers participation in an executive vehicle program, which includes use of a Company-leased passenger vehicle, fuel and other ancillary costs (the incremental cost
incurred for which was $24,794 for Mr. Ketchum, $27,475 for Mr. Silagy, $28,980 for Mr. Nazar, $23,051 for Mr. Sieving and $7,447 for Mr. Pimentel); for Mr. Robo, a vehicle allowance; for Mrs. Kujawa, a perquisite allowance of $24,231; for Mr.
Robo, fees paid for travel programs such as airline memberships and hospitality room memberships; and, for Messrs. Robo, Silagy, Nazar and Sieving, costs for maintenance of a residential home security system and central station monitoring. For
Messrs. Ketchum, Nazar and Pimentel, the personal benefits reported in this column also include the costs of participation in a voluntary annual executive physical examination, including lodging costs and related expenses. For all NEOs, the personal
benefits reported in this column also include premiums for a life insurance benefit in an amount equal to 2.5 times salary. For all NEOs, the personal benefits reported in this column also include the incremental cost to the Company for personal use
of Company-owned aircraft, which is the variable operating costs of such use, net of payments to the Company by or on behalf of the NEOs, as is generally required by Company policy for such personal use. Variable operating costs include fuel,
trip-related maintenance, crew travel expenses, on-board catering, landing fees, trip-related hangar/parking costs, excise taxes and other miscellaneous variable costs. The total annual variable costs are
divided by the annual number of statute miles the Company aircraft flew to derive an average variable cost per mile. The incremental cost incurred was $48,640 for Mr. Robo.

The following table provides information about the cash and equity incentive compensation awarded to the NEOs in 2019. It is important to keep in mind
the following when reviewing the table:

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Columns (c), (d) and (e) below set forth the range of possible payouts established under the Annual Incentive
Plan for 2019 and are not amounts actually paid to the NEOs. The actual amounts paid with respect to 2019 under the Annual Incentive Plan, which is a Non-Equity Incentive Plan, as that term is used in the
heading for columns (c), (d) and (e) of this table, are set forth in Table 1a: 2019 Summary Compensation Table in column (g), entitled Non-Equity Incentive Plan Compensation.

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The number of shares listed under Estimated Future Payouts Under Equity Incentive Plan Awards (columns
(g) and (h)) represent 2019 grants of performance shares, performance-based restricted stock and performance-based restricted NEP common units, the material terms of which are described below this table.

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The number of shares listed under All Other Option Awards: Number of Securities Underlying Options (column
(j)) and the exercise price set forth under Exercise or Base Price of Option Awards (column (k)) represent the number and exercise price of 2019 grants of non-qualified stock options, the material
terms of which are described below this table.

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In the column headed Grant Date Fair Value of Stock and Option Awards (column (l)), the top number is the
grant date fair value of the performance share award, the next number is the grant date fair value of the performance-based restricted stock award, the third number is the grant date fair value of the stock options granted and the fourth number is
the grant date fair value of NEP performance-based restricted common units, as applicable. For Mr. Pimentel, the awards marked with footnote (5) in column (l) of the table includes the remeasured fair value of certain awards under applicable
accounting rules, where the first three numbers represent the remeasured value of performance share awards, the next three numbers represent the remeasured value of performance-based restricted stock awards, the next two numbers represent the
remeasured value of NEP performance-based restricted common units and the last three numbers represent the remeasured value of stock options.